Price is starting to form an ascending triangle from the horizontal channel on the 4hr now, am therefore leaning bullish with confirmation from a break out of the strong resistance level around $9,350. Another higher lower on smaller time-frames would definitely confirm this bullish triangle formation at least, otherwise we may just be confirming the long-term resistance trend-line from the 20K, 14K and 10.5K highs as previously referenced testing and now is around $9,470 by my drawings on a Weekly scale.
Will be interesting to see what happens either way. Don't be surprised to see $14K soon or a re-test of $7K after the halving in my opinion.
CME Futures Gap at $7,625 and David said "Of course, I would prefer we go ahead and fill the CME Futures Gap at $7,625 "BEFORE" we continue going up rather than after we go up. Filling the gap afterward (as mentioned in the Aqua Blue Text Bubble) holds us back from going as high on this current run up till last week of May to first week of June. My opinion of course."
Maybe we'll see the $7K again
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