Since the recent lows of 02 and 03 Aug 2020, Bitcoin has formed a rising support. Afther the price hit support, it bounced back to the red resistance zone. On 06 Aug 2020, Bitcoin was in a ascending triangle which usually breaks to the upside. In this case however, the price broke the support which was bearish at that time. However, Bitcoin has the tendancy to create false break outs and this one is no exception. The price did not crash further and instead, it climbed up against the previous support. It looks like Bitcoin is trying to break the red resistance zone at this moment. When that happens, and I think it is likely it will happen, Bitcoin will likely hit 13k usd or 14k as a second target for the break.