BTC Chop or Asc Tri
BTC looks to be forming an that is a and I would expect a retest of the thick VPVR on the bottom of the Triangle around 8100 which would shake a few more people out and probably add some bears to load up shorts that could be liquidated on the way up. Target for a break of the resistance of this pattern would be around 9800. The on this is picture perfect. Massive on the flag pole and decreasing indecision throughout the . A break either way would be the measured move of the pole, a retest and bounce from 8100 would be extremely for BTC in the coming weeks.
I believe we will see the 8100 retest and then break through the top on our way to 8.8k then 9.4k then 9.8k etc. Ultimately 11.6k is a magnet and we should find our way there.