I have made quite few speculations recently: I said BTC is most likely going to retest $33,000 and even got to $31,500 for a 10% correction!

Now I see Bitcoin has formed symmetrical triangle on a daily and the possible breakout is by Monday! I suspect we might see some action on Sunday!

Symmetrical triangle is considered a continuation pattern, and the price moves higher or lowe depending on which direction the previous pattern has broke out to!

In this case we have had bullish breakout so it should break to the upside and the price target is around $36,700 

This breakout would place Bitcoin in fight with two resistance lines (fat green lines marked by orange circle) There is so much resistance there that will be really tough to break! Could an actual ETF approval break this violently, I mean it could as everybody is anticipating this ETF for a long time and any sales orders could be removed with the approval but who knows we will find out soon!

All The Best,

Aventurine!