This is simple. I have (2) two triangles drawn on my BTC chart here. BTC still remains within both.
The first is a symmetrical triangle. We have (3) three days before we run out of room here and BTC is forced to make a decision, UP or DOWN.
However, if BTC decides to break DOWN, it still remains within the second descending triangle. The bottom of the triangle here remains at around $9300. A break below this would mean trouble. If we break to the upside of this triangle, I think we'll see new highs for the year and will end out the year at around $15-16,000 USD.