Triangle formations usually appear at the end of corrections in a combo like I propose we have here with BTC We have a WXY combination where X retraced to 382 fib of the December high. In the triangle we have at the moment a target around 8200, but the (d) wave might fail before reaching target. There is a probability of a break out at (d) but most likely we will head down and retest 6k before the correction ends.