The crazy working week in the BTC market is over and it's time for the weekend. Very often there is magic on weekends, miracles in the form of strong price impulses. This weekend is no exception. In <a href="https://www.cryptoknowmics.com/news/btc-price-risks-to-fall-to-20700-under-what-conditions/">yesterday's article</a>, we mentioned the probability of deep BTC correction growth and a test of $20,700. Sellers made an attempt to break the <span style="color: #008080"><strong>range of $22,500-$22,700</strong></span> but failed to fix below this range. At the critical point, increased volumes were found with a help of which sellers were trying to push the price down. These volumes were clearly not enough. However, given the <span style="color: #008080"><strong>consolidation in the form of a triangle</strong></span>, in which the price moves from 17 December, low volumes will accompany us as long as the price remains within the triangle.

<img class="aligncenter wp-image-183605 size-full" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2020/12/btc-1h-2.png" alt="BTC" width="1380" height="753" />
<h2>BTC Buyers Have More Power and Chances to Break the Consolidation Up</h2>
As we can see, the trading space within the triangle remained until the end of today. Given the strong growth trend, the control of buyers in the range of $22,500-22,700 - the probability of breaking the triangle up is much higher. To calculate the next probable stop of the BTC price, it is necessary to analyze the depth of correction of the previous growth wave. So, setting a <a href="https://www.cryptoknowmics.com/news/btc-has-set-a-new-high-of-23800/">historical high of $23,800</a>, the price began correction. Stopping at $21,800 sellers corrected <a href="http://Tradingview.com" target="_blank" rel="nofollow noopener">the growth wave</a> from 16 December by 38.2%:

<img class="aligncenter wp-image-183606 size-full" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2020/12/btc-1h-target.png" alt="BTC" width="1380" height="753" />
<h2>Two Scenarios of Price Exit From Consolidation</h2>
Quite a weak correction indicates the strength of the trend of buyers. Therefore, at least a strong wave of growth should be expected with the <span style="color: #008080"><strong>first target of $26,685</strong></span>. It will be possible to delete the scenario of the test of $20,700 only after $23,660. In this price range, BTC sellers will protect their territories as much as possible, aggressively lowering the price. This mark will be the last check of buyers on the way to a new historical high.

BTC Triangle Is Coming to an End, the Momentum to $26,685 Is Ahead

To calculate the next probable stop of the BTC price, it is necessary to analyze the depth of correction of the previous growth wave.

Peter came to know about cryptocurrencies in 2017 and was instantly enamoured by their massive potential. As he gained more insights about the crypto market, he began writing about it. Peter's daily activity is analysis and forecasting, studying the price movements probabilities, and trying to understand the market inside. He is glad to witness such a phenomenon as cryptocurrency and decentralized finance, and to participate in it.

BTC Triangle Is Coming to an End, the Momentum to $26,685 Is Ahead

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