You think it's really worth putting your money at risk for a little 1 or 2 %?? Then if it doesn't go down you have sold while everyone else is riding to the moon.
First chart is Elliott Wave which has been forecasting this move since last year. Second chart is a simple measured move with rsi divergence...I don't put too much weight on rsi divergence alone as it can continue to diverge for another leg up, but with the measured move, and the 3 and 5 wave fibs it looks like its getting close to completing the extension at about 46k...which your chart pointed out as well...so just kind of adding more context. P.S there is a chance of a double ABC correction, so that could bring us back into the low 30's again. However I have a tested method that will reveal if this is going to happen. If I take a long position at C on the first ABC correction, the double correction will happen, if I am waiting for the the double correction for lower prices it won't happen.
? Like the last time it reached these levels on the way to ath's and it did exactly that? This is all just statistically based...it is essentially what the Renaissance fund used. EW just saves yourself the trouble of looking for patterns in history...I didn't need to find this pattern to confirm my bias as it was already in the numbers.