Based of my analysis on the 15min, it seems that the BTC is currently forming a ascending triangle pattern (which more likely to breakout to the upside). And if it does a breakout, it should have a technical price target of 46.2k but, as always we need to see a surge in volume and a close above the horizontal line in the 15m timeframe. And if we see the MACD and RSI on the same timeframe, it looks like the RSI is on a up trend while the MACD is about to form a bullish cross to the upside. But in the end, this just my opinion and not financial advise, and as always happy trading guys!
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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.