BTC long scenario

BTC price is nearing the 200 day moving average (light blue line). Price is also bouncing off the resistance(dark blue descending line) creating a triangle which will intersect in the next several days.

If price continues along current support until it nears 200MA. This could initiate a break out. I would predict that the break out would be upwards because a price continuation at the current support, for that many days would be a bullish sign.