BTC possible path to 11,500 - 11,600 USD then correction

Unconfirmed triangle after uptrend channel resistant breakout. BTC is moving really fast to 11,500 - 11,600 USD where a weekly supply is waiting for it, this will probably reject BTC price to send it back to the 8K range (or less).

In the other hand, Total Market Cap excluding $BTC is close to a breakout of a major resistance, that could indicate that Alt Season is starting and a massive BTC will move to alts, this will produce a huge retracement in price.