Multiple ways BTC can go in the short term. Personally I will be waiting on the sidelines and watching these trendlines and support zones closely until theres a breakout. More downward action still seems very likely. Not financial advice*
History doesn't always repeat itself, but it usually rhymes. Last time we had a run up after a downtrend, BAT formed a bull flag. Then, it had a massive 150% pump. We just had a run up after a downtrend, and now the bull flag is almost done forming. If it plays out similarly, we should be expecting a huge pump if we break out of the bull flag to the upside.
My first TA ever. Noticed the similarities between what is happening right now and a large historic pump. We had a solid run up leading into what looks like a bull flag. Extremely similar to the previous run up that led to a bull flag, which in turn led to a massive 150% pump.