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BTC Symmetrical Trinagle Breakout Incoming, BTC Price target 16K

Panjang
BINANCE:BTCUSDT   Bitcoin / TetherUS
rising support confirms bottom reached at 9k, 4hr td9 reversal indicates downtrend abating, currently in a symmetrical triangle (continuation) pattern. this is a bullish pattern based on current trends that will breakout by ~feb 1st. about 1-1.5 weeks after that the long term down trend resistance will be reached (I think) and if it breaks out of that we will see a btc value of ~16,400 by March 1st. This is also about 2 weeks after the lunar near year is over which bodes will for this analysis at a fundamental level. more liquidity/volume after the asian holidays = more bullish market.
Penafian

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