BitcoinUpdated Bitcoin Possible Ascending Triangle
Now depending how the next hours proceed for BTC, we could see an ascending triangle pattern form. But if it does break below, it could then be looked as a double top and we could see more downside to test the 43k area.
Note
The 51k level is crucial to break and then confirm the break out with a bounce up from it.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.