Bitcoin overextended phase ends

Hi everyone!
I am sorry for the basic drawings, i just wanted to publish my idea to see, how many of you agree and disagree with the retracement
as i havent seen any recent retracement idea.
I can see that people are extreme bullish and personally i would be also, if we could hold that 20WMA above the ribbons for few more weeks,
plus breaking the weekly closing high (60k).
I believe thats not gonna happen for a while, in case it will, i will open longs.
On the other hand there are main weekly support lines under the 20k area which i illustrated and i will buy more in case it will touch these key levels.

Happy trading everyone!