I thought that triangle would lead to a bigger breakout, but BTC is still in consolidation.
Note
BTC came down and tested support at $54638. Holding steady there.
It went below that support line but got rejected by buyers.
The hourly candle opened above the support.
It is now above the lower support line.
We should see a bounce back to $55720 that (middle line).
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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.