This is one of the many paths bitcoin could take over the coming months. I think this is the logical play if we're to head to the top of the range, while also factoring in the CME and BAKKT gaps that exist.
It's typical for a walling wedge to have an inverse head and shoulder at the bottom of it, and the right shoulder being the retest of the breached...
Comparing to the CNY -1.82% chart makes the pattern a bit more clear for me. Seeing bear pennant . However not much volume goes through there so the question is how much influence does it have? Gonna wait and see how USD reacts on next dip.