Bipolar coin has broken out of it's decending wedge, or declining triangle, however your technical analysis may identify something different. We have reached a break out point in which bitcoin should technically stop declining. I however don't always trust the technicals. The last time this occurred was in 2014, we eventually broke to the upside. I can't yet assume the same.
I do see a movement to the 9-10k mark, however when reversal eventually comes, we can't say whether we bounce off the upper support of the symmetrical triangle, or completely fail and break down to the low side.
As we all make predictions, it's best to capitalize on charts, indicators, and time patterns of the past.
So, 0.08 means nothing, read the charts as well as others I'd recommend. There will be a time to get off this bus coming soon. All the best.
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