BTCUSD approaching the end of three week pattern, bands squeezing, volume at its lowest in the pattern – implying volatility ahead with breakout; but near term indecision ahead of today’s FOMC meeting minutes and ECB’s report on Euro financial stability.

From a pattern perspective you can see a possible ascending triangle , but know knowing how whales drive markets, I could see a swing low into the upper $20k range to soak up some liquidity and wreck early longers before a potential move to the upside to say mid $30k range. But I think the direction will largely depend on how the FOMC minutes and ECB reports look this week.