Markets are fractal meaning patterns in time within larger patterns within larger time.
Your chart above is afaics (or let's say IMO) only looking at the deadcat bounce off the $888 level. My comment which you quoted is referring to the wave pattern since the peak last month at $1280.
You have an ascending wedge on your latest chart, and thus afaik more often break downwards, not upwards. I see BTC hugging the bottom channel line of the wedge, and this to me indicates weakness.
They certainly are fractal and I had simply zoomed into hourly for extra detail - shorter term details tend to propagate up to longer scales if the pattern persists.
There are frequently three distinct, supporting trendlines - a third trendline was broken on 03/16 at about the 1165 level and that was followed by a major decline. So far the first hourly and daily uptrend lines have been broken, but the second has not yet fallen (although it is close now). Regardless of trendlines the next price target is between 1125-1130 and if it cannot get through there, it is probably going to decline into
the range you propose starting with 1070.
You seem to forecast further out than I'm comfortable doing. I've grown to like waiting for the charts to be fairly definitive.
I still think BTC is range bound until LTC catches up. I believe it is going to be epic.
Should be fun!