BTC/USD 1 hr
After a 5% price drop, bitcoin is now in a consolidation phase, gaining the strength for the next move. On a 1 hour chart we can see the formation of an ascending triangle, which is a continuation pattern.
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.