Bitcoin about to follow stock to flow model price predictions

After a disappointing price non-action last week Bitcoin is showing strength at the beginning of this week. BTC is still trying to establish a close above the downtrend channel. Let's be honest BTC has been expected by everybody to follow the predictions on price of the stock to flow model. With that it seems inevitable that BTC will crack the resistance level of $10,500 soon. I have adjusted my upper bar on the downtrend channel for accuracy and still find scenario 4 now most likely despite the drop to $8,915. Bitcoin keeps showing strength and has rebounded to $9,500 already. Now it will either bounce off again and drop (scenario 5) and we may retest much lower levels. However the halving is in place and investors streaming in had their chance on supplying themselves with cheaper BTC and alt-coins are putting pressure on BTC to finally open the flood gates so the alt coin cycle ship can set all sails. The bar to break is lower now and if BTC breaks on the weekly close the $9,800 mark it is a strong signal next week we will see the BTC rocket fly to new highs with $10,500 and $11,000 next targets to break.