BTC forming an ascending triangle

As it stands, the next significant buy wall has moved down to 103k. I am finding this on a depth chart. This aligns with an upward trend BTC has been holding, placing it's next significant level of support right on it's current trend line. Ignoring the extra volatility spike on the 20th of Jan, the resistance to break is 107K, which as it stands, has less selling pressure than buying pressure found at 103K. This would fall in line with the formation of an ascending triangle, and an expected break to the upside past 107K. If this happens, there is an extreme amount of selling liquidity at the 108k level, if a mass amount of orders are liquidated, that will accelerate the move.

Using the triangle for profit targets, this move would place BTC near the 115K level once broken successfully. However if this does play out, I would expect FOMO to push well past this level.

Fundamentally this is playing out with the introduction of a crypto friendly American government, and all the good fundamental news we've been hearing.