BTCUSD at CRUCIAL LEVEL. What's Coming?

BTCUSD has been trading for quite a long time on a symmetrical wedge since its peak on late 2017.

At the current moment, BTCUSD looks like it is completing Inverse Head & Shoulders pattern as shown on the diagram,
while it has also broken above the large resistance trendline of the wedge on the weekly chart. Both are bullish news for BTC.

However,

BTC is now approaching a super strong resistance level of $10,500 US dollars. The breakout above this level has been rejected three times in the past.
This is the most crucial point of BTC chart.

As soon as BTCUSD touches the $10,500 dollar range, we might see a strong correction towards the $9,700 level. This level is the previous resistance trendline of the wedge
that now can act as strong support.

So what's going to happen?

BTCUSD can even breakout above the $10,500 and hold above it while there are some super bullish news around BTC

OR

Wait for some retracement to the $9,700 level as suggested from the diagram. If the support is not hold, further downtrend of BTC might happen.

EMAs also look very bullish at this point with 20EMA acting as support