#Bitcoin is about to go Parabolic
Each cycle, the 0.618 Fibonacci level acts as a solid resistance area, and price always faces a monthly rejection and consolidates below it before breaking out and going parabolic.
However, in this cycle, BTC broke out of the 0.618 level without any rejection, and the consolidation happened above the 0.618 area, near the (ATH).
After a long consolidation price is finally breaking out, and if history repeats, BTC will go parabolic again.