Price is in an uptrend defined by a channel, starting from Dec 11. Currently price is looking to create a new higher high which would ideally align with the upper channel and would be in place if price reaches the Weekly R1 at 9300 Satoshi. Since trend is bullish, normally price will try to establish above the R1 pivot and try to reach the R2, which stands at 11445 Satoshi. I price fails to take out the 8625 high this week it will signal that upward pressure is decreasing and PA may turn more sideways or start go lower. Chances are still good for a continuing trend up.