The downtrend line has been broken and is now being tested.

The uptrend line hasn't been tested yet, and the longer we stay in this sideways action, the higher that trend line goes.

A rise to it could give us an ATH, and then it's game over.

Now it depends on how long the price will "dance on this trend line." It could keep dancing all the way down to 10k.

Will we see a quick bounce?

Or will we experience a fakeout and a complete collapse?

We'll find out soon...