Seems like the cross BTCUSD is in an uptrend started around 12000$ and headed for the previous high at around 19000. The trend is confirmed from the MACD crossover that reversed the path from bear to bull.
In the absence of a major breakout of the trendline that is serving as a dynamic support I would expect a bull market.
In the absence of a major breakout of the trendline that is serving as a dynamic support I would expect a bull market.
Comment:
On a second analysis seems like a bearish Gartley is forming in this chart. That would place a target around 17800 ca. Added another chart with better indications of the pattern here:
