“This content is not a financial advice or a buy/sell signal”. On a weekly scale, BTC is about to complete a big ascending triangle (Red lines). In addition, we can observe a long supporting line (Grey Line) that has strongly supported the BTC price since March 2020. Of note, the lower edge of the ascending triangle almost matches the support line. So, we may once again see a fall in price up to approximately 54K corresponding to fib 78.6%, before bouncing up. After the bounce, if the price breaks the resistance the target will be around 107K.