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Bitcoin To The Moon?!? - Sunday Analysis

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BTCUSD (Bitcoin)

Support at 9,096 because of previous resistance and support.

Resistance at 13,882 because of previous resistance and it is a recent high.

Price action is looking to be consolidating and on the way to forming a triangle/flag pattern which means that price squeezes into a tight range then experiences a HUGE breakout!

Looking for either the triangle/flag pattern to breakout to the upside or breakout to the downside depending on where the volume supports the move at.

Predicting that BTCUSD consolidates into a triangle pattern and has a breakout to the upside once it gets above 11,000 and will run up to the next resistance at 13,882.

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