A huge triangle formed on the Bitcoin daily chart combined with a head and shoulders pattern. Critical support is formed by the 50-day moving average.
Breaking the triangle to the upside will most likely result in new all time high's with first target 20 000 - 25 000.
Breaking the triangle to the downside will most likely result in a massive sell-off.
I think the 10K psychological support won't be strong enough to hold and Bitcoin will most likely fall down towards support levels ranging between 7500 and 8500. The 100-day MA should give good support. Watch for full RSI retracement before buying in.