BTC/USD 4h chart - ascending triangle

BTC/USD found a support at ~$7,100 USD/BTC and now it's clearly forming a symmetric triangle. Therefore, the next key price target would be around ~$8,500 USD/BTC depending on how fast the price could go up.
In the 4h chart, BTC/USD is also forming an ascending triangle, which is usually bearish but not always.
The price is currently testing the 400 h moving average. If it's rejected, it may just break down of the triangle and try to test the 400h MA and ~8,000 level again. The worst case scenario is to break down of the symmetric triangle. I'll elaborate on possible scenarios of a break out of the symmetric triangle.

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I am not a certified financial advisor. This post is just my personal opinion and not financial advice. Please do your own research and do not trade just based on my posts.