There was a small move after my previous analysis and it suggested that there was a possibility that BTC was possibility going to retest the 10400 region. It still looks like that is going to occur. However, price action is different in this situation.
The chart: What we are seeing is consistent volume and price action slowly moving up: for these reasons it is most likely accumulation. There are reasons to be weary, however, there is a possible hidden bearish divergence which is circled in yellow. So, if this run doesn't produce a higher price than 10200, this is likely to come into fruition. However, circled in purple this a hidden bullish divergence, which means that the RSI has hit a lower point than the previous low while price has hit a higher point then the previous low and this event has already occurred. There is a short term descending trendline in light blue which price has already broken with accumulation, this is very bullish in my opinion. The next price point to retest is the horizontal resistance of 10400.
Possible Price Action: Currently, there is a strong possibility of a pop to 10400 or above with strong volume, Another possibility is that price continues to accumulate with consistent volume and a gradual ascending price action until the upper trendline (magenta) is hit. The upper trendline will be the deciding factor as to whether this bull market will continue or it will fail (with the current price action I am favoring the bullish outcome despite the fact that this is a descending triangle).