Dear Reader,
I've made the bold assumption that we've entered an A-B-C corrective wave, which is likely to retrace at the 76.4% (WAVE A) level. The impulse wave which should follow the correction, could serve to constrain BTC in a broadening wedge pattern.
Let's see how the play unfolds.
PS: If the price closes above $9700, this idea is dead !
Happy Trading !