ETH/BTC has been respecting this pennant pattern and just got a bounce. I'm long ETH and alts.
Potential local top already at $96.80 or soon on Oracle. Let's see what happens here.
Here's a possible scenario: $BTC pumps to $42K, then breaks down to $37K
Another perspective I've been looking at on BTC is this descending triangle. If it breaks out up, it could go to $41K, potentially higher. If it breaks out below, I'm targeting $24K, then $20K.
This is an update to a previous post I did about a $35.8K Falling Wedge. One perspective is that Bitcoin is still in this falling wedge and that it would now need to break out above $33.5K.