BITCOIN Short term scenario

As I've said in the past I rarely give a short term projection here as the patterns tend to be too unstable with Bitcoin's volatility but this one is too interesting to pass by.

Technically the strongest short term scenario is for the price to reverse now towards 7800 as it is trading near the 8540 4H Resistance. However if that breaks then we have high probabilities to see a gap fill towards at least the 4H MA200 (9300). The primary reason for that is the RSI's trend. Since the September 24 crash it has been on an ascending channel with Higher Lows and Highs. So if the 70.00 RSI (overbought) barrier breaks we may see that gap fill in the same way as the September 24 when the RSI broke 30.00 into the oversold zone.