BTCUSDT is currently in a triangle formation just above key support near 112,000. The price recently dipped below short-term support, likely triggering stop-losses, but still holds inside a bullish structure. If momentum builds, a push toward 125,000+ is likely. The trend remains intact above 110,000.Trade active
BTCUSDT is trading just below ATH resistance, forming a symmetrical triangle. A clean breakout above 122,000 could initiate the next rally phase. Bulls are preparing for a key move as compression tightens.
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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.