Was that a false breakout in Bitcoin?
As we can see in the chart (it is more obvious in the hourly time frame), Bitcoin has returned to its original ascending triangle. This made the previous 'confirmed' breakout look like a fake breakout. Now, we can expect a pullback period before making another run above 35k, or a horizontalish movement along the channel.
Please share your thoughts on my idea in the comments section!
Please share your thoughts on my idea in the comments section!
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