This is a 5 year Bitcoin rising wedge. Out of 36 bearish patterns that exist in technical analysis, this has the highest failure rate. This means that while this does not visually look good for bulls, this has the highest possibility of completing a busted pattern, with an actual break to the upside to ATH. This is happening at the intersection of PMI expansion after years of contraction, and QT ending just months ago.(Dan Gambardello)