LINKBTC turning bullish?

At the bottom there seems to be a major price level, that we seem to be bouncing of again, although to be certain I would wait for another green weekly candle. If we bounce of, we could get stopped at previous ATH which sits at around 0.0016BTC, if we break that level, according to fibonacci extension, the price would target 0.003BTC. In today's BTC worth in USD, that would put the price of LINK to around 55$.
chainlinkChart PatternsLINKBTC

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