SUMMARY
Overnight, Bitcoin (BTC) rose a bit; but patterns suggest that a bit more of churning might be needed before we see $9k. The below chart shows two upward pointing wedge patterns and so IF this is correct, price can wiggle a bit more and decline in a minor correction prior to rising towards $9k.
The wedges fall well within a larger symmetrical triangle pattern as shown below. IF the red ABCDE fall into place, it would provide an ideal launch pad for next vertical rise. Bear in mind that a triangle can also breakout on the D wave. Thus far, waves A is complete and B is getting its final touches. So, the CDE waves require a bit of forward discernment.
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