I wonder if it means anything that a 'characteristic' completion of the bull flag pattern would put BTC just over 9K. I think it might be a bit too soon for such a strong recovery, but you never know. This is BTC after all.
It is not a prediction. I still favour the 'last oscillation' theory I mentioned earlier, but I do think this even more bullish scenario is getting more likely. We will know soon enough I guess. If we break over 8.250 for more than 1 4hr candle totally above it, I am positive. Below is the 30 min chart, bfx.
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