Will BTCUSD strenghen in the future?

Good day guys and girls. This is my analysis for BTCUSD. As we can see the consolidation of price is happening and still forming. There is a possibility this not going to happen, depends on any bad or good news about Bitcoin coming out. If breaks the last support line(white line), then we can wait for confirmation that the sellers power are lessening by the minute, for a strong buy signal.

Enjoy and good look guys