BTC set for a breakout

It will be very volatile, but I expect the next level to be reached with a parabolic surge is 50k. I marked it on the chart. It tracks along with the megaphone trendlines that encompass BTC's volatile but directional movements towards the upside.

The base trend line should be a support level on the way up. The top trend line should provide some resistance as there will be sell orders set up for certain price points.