Blooming updates on BTC, we have a massive ascending triangle for BTC on the hourly. We got a nice bounce off right at the bottom support. Using Elliot wave theory and wave analysis is applied as this could be a one possible outcome. Which is Wave F and the technical target we have is around 52K ish BTC. Overhead resistance 45k zone as mark on my charts (blue rectangle). Bullish pattern. Now for some bearish scenario. BTC could potential roll over, and break down of pattern, which might be a bear trap, unless we lose the support of Fib0.236(37595.39) and the candle close below this. Then it's a clear signal for down trend.
BTC 1H
BTC 1H