BTC is making a descending broadening wedge , We might see some retracement within the wedge if $39.5k level is not reclaimed. Technical target of the wedge is $51.2k. We do have a :bat: pattern in play on a daily chart and TP3 of that pattern is $42k plus on 12H chart MACD has turned bullish so its suffice to say that all of these indicators are in confluence with current analysis.