Bitcoin increased significantly in the last days and has managed to breakout from the descending pitchfork's body. Price is pressuring the outside sliding parallel line (sl) of the descending pitchfork, personally, I believe that a valid breakout will confirm a larger rebound on the Daily chart. We'll have a great buying opportunity if the rate will come back to test and retest the sliding line (sl) and the third warning line (wl3) of the former ascending pitchfork. Technically, it is somehow expected to increase after the false breakdown below the median line (ml) of the descending pitchfork and after the failure to close near this dynamic support. It could reach the 14000 level again in the upcoming weeks. 

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