On the 4th of June, I tested a hypothesis that with a minimum (low) refinancing rate and growing open interest the price tends to grow. The hypothesis was proven. Currently, the price broke the lower border of the upwards range and formed a retest pattern.
Halving event pulled a trigger of bull rally. At the same time, the price experienced a rollback to $9500 support. The level turned out to be strong, thus, the price didn't cross it and currently fluctuates above.
After breaking out a lower border of the bullish channel, the price reached the support level ($8600) and entered a new bullish channel. The movement was confirmed after the breakout of $8800 resistance.
After bearish impulses on the 20th of April, BTC price got stuck on the range of $6800-$6900. From the first sight, a rising wedge is being formed (opend a long indide it).
In case of returning back to wedge the price may drop to its lower border and then to $6800 and below. However, if the price manages to cross $6960 level, the next target price is $7000 and above
After a decrease on the 10th of April, BTC price fluctuated within a range above $6760. Now the upper boarder is broken ($6950) and the price continues to grow. The next target points are $7100 amd $7250.