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BTC: "Was 69k just a false breakout?"

Long
Bitcoin (BITSTAMP:BTCUSD)  
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BITSTAMP:BTCUSD   Bitcoin
Chart Patterns Trend Analysis Beyond Technical Analysis BTC Bullish Pennant falsebreakout
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chartpattern trendanalysis beyondta btc bullishpennant falsebreakout
I believe BTC's second run up to 69k was a massive false breakout created by an overheated market and it is currently backtesting the breakout zone of a massively bullish symmetrical triangle on 1W.

If this is truly the case and it's not simply a rising flag it would have price targets of 75.5k and 97k.

What do you all see?

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