With Bitcoin halving coming this month, euphoria from bitcoin bulls about the constant currency creation from central bankers around the world and the huge increase over the last month, I'd expect a huge rejection at the shaded area for a retracement at the very least. The zone is ideal as gaining trend we are retracing on a weekly would mean potentially the start of a new bull run. Although if we wick into the shaded area and fail to gain it, this could mean much lower for bitcoin, even the possibility of making lower lows then the Dec 2018 low.