btc looks fairly repetitive in the channel. The previous spike should have gone a little higher, so this slight spike made up for that. As after every spike it drops again. Rinse, wash, repeat.
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Now it looks like it could be in a rally. Its gone above resistance level of $50k and has bounced rather quickly. Lets see if it can hold above $50k. If it continues its upwards trend it will encounter several key resistance levels. My feeling is that it could potentially reach somewhere around $60k but not sustain any further. Market decides and we can only watch and react. Predictions are just predictions.
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Also to note that its also gone abve the 10EMA