UPDATE on BTCUSD Chart Analysis [15-04-2018]:

After the initial resurgence from $6,800 to $8,000 this week, price has since stalled and waiting to see if the bulls or bears will take control.

Looking at the smaller time frames, BTCUSD has been squeezing into a triangle pattern that upon break out, will provide insight into the next trend direction. It is possible to place a STOP-LIMIT order above and below waiting for a break-out to the respective consolidation zones that would offer at least a 2:1 risk reward.

Follow this analysis on TradingView: https://goo.gl/qnkzwv

The higher probability trade would be to the upside in a trend continuation pattern, given the strength of previous breakout from $6,800 that hit the projected profit target. The strong impulse move leans to a BULLISH scenario unfolding and has to be preferred option on a probability based assessment.

However, as price is stuck in a range between $6,800 and $9,200, it might also be worth waiting for trend confirmation for the low risk investors.

Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.