The chart depicts a bullish ascending triangle pattern, suggesting an ongoing upward trend for Bitcoin.
Bullish Breakout: If the price breaks above the resistance trendline, it could signal a continuation of the uptrend.
Bearish Breakdown: If the price breaks below the support trendline, it could indicate a reversal of the trend.
Bullish Breakout: If the price breaks above the resistance trendline, it could signal a continuation of the uptrend.
Bearish Breakdown: If the price breaks below the support trendline, it could indicate a reversal of the trend.
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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.