BTC's rebound from 60,000 has lasted 38 days. If this is a rebound against the 97,900-60,000 decline (blue section in chart), it must end this week and begin accelerating downward. The next Gann time cycle low is at the end of March/early April, leaving little time for the decline.

If the following situations occur this week, it will gradually increase the probability of expanding the rebound level to counter the 126,000-60,000 decline (red section in chart):

1. Breaks above 75,600 with 4-hour and daily candle closes above it
2. Makes contact with the first wave decline endpoint at 80,766
3. Weekly candle closes above 80,000 this week

Before these three scenarios occur, we should not assume the rebound level will expand.

Regardless of whether the rebound level expands or not, after the rebound ends we will very likely see a low point below 60,000 appear.