BTC rally?

If BTC can break above 19.7k there's a good chance for a rally.

Bullish scenario:
We've been printing Bullish divergence in the RSI and MFI has already moved above 50.
BTC is in a descending wedge which is likely to break bullish more often than not.

If we break above 19.7k then I would be looking for 22.4 and 24.4k. BTC is in a range so I'd expect a lot of resistance above 24.4k.

Bearish scenario:
BTC gets sold off above 20k as it has been since the start of September.
A break below 18.4k has us go down to 17.1k and potentially as low as 12.9k in the most bearish scenario.