Support indicated by the organge boxes, which repesent fib retracements for 0.382 and 0.618 levels on multiple intervals.
Heavy resistance is expected above 8700.
A straight prediction for the next significant move is pure guesswork at this level. Possible best option is to wait for the market to decide and observe the price action in between the indicated levels....
Rising wedge on BTC, current ascent, even if supported by all good news is not sustainable ling term.
The wedge could be sharper, depending on where the bottom line starts. I start mine after a solid move, and I do not include that move.
If this breaks the 4h trendline we will go lower.
However, short term I believe we shall go up. 3460 has barely been broken. Very strong support arround 3450-3470. OTOH 3370-3400 holds.
Watch out for wicks, they signal whale movement. Several wicks up, bearish, the other way arround.