Bitcoin outlook

Another test of the ~$5900 level and another strong reaction for bitcoin, and a similar pattern as we have now run into the key slope (triangle). Will there be enough momentum to finally cleanly break this pattern? Even with a break, there are a multitude of "key levels" (All "monthly keys" are the most important daily candles in that month) that have proven to dictate price action & the 200 and 365 daily averages will cap the breakouts.

Key weekly outlook


4hr chart