Bitcoin - Ascending Triangle

By MaxxCharts
Updated
Bitcoin has formed an ascending triangle after holding the 786 of a trend based fib I have on the chart. If we are able to break 6900 with conviction then 6800-6900 should hold as support, and I am targeting 7155 and 7320-7400. If bitcoin breaks down on 6k I am unsure if 5750 will hold again, and I think its more likely we see 5560-5460. Trade Safe!
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Daily View snapshot
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Resistance broken with conviction, lets go :).
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This is still valid -
Bitcoin - Wyckoff Accumulation Events
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Updated daily view with one trend line added (red). snapshot
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