Looking at the big picture of bitcoin's bullish movement, coupled with the fundamental change: It is now hot with attention and we've tided over the futures markets, this temporary retrace looks to be a healthy move for BTC to take a breather before pushing further into new ATHs. Bitcoin is still in price discovery, and looks set to rise to the next all time high in an even shorter time period.
Back when it was nearing 20k, bet you were regretting not getting in earlier, and telling yourself "I'll definitely buy in during the next retrace!"
Well, the time is approaching/has come. Are you ready to buy in? Or is your conviction shaken?
"Buy when there's blood on the streets"
Good luck all! And stay safe, don't get greedy. Keep your emotions in check.
@paulpatrickie, Thanks for your comment. The rightmost line is not really a support line by the way, because the point used is not even finished forming.
More of to show the general parabolic growth of the asset in the bigger picture, showing past movements and corrections before moving higher
timtam12345
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Bit of an overshoot, but all looks well. Hope you did not panic sell the bottom