BTC broke upwards out of the falling wedge it's been in since mid 2019.
This is usually a very bullish signal that should take us above the top of the start of the wedge and beyond, i.e. above 14K and higher in the next few weeks-months.
Especially with the halving coming up in may.
Price should drop back into the wedge, IMO shouldnt go lower than $7700 or this analysis will have to be reassessed.