BTC Bulls Need to Make Their Move

BTC appears to be in an ascending triangle pattern on the daily time frame--consistent in volume and trend to the last (Christmas) rally. A squeeze between the 12-Week (3-Month) EMA and the 25-, 50-, and 100-Day moving averages may give BTC the support needed to make another test up towards the $4,040 price level.
Moving AveragesTriangle

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