It looks like BTC has formed a "Triangle Pattern".
Symmetrical Triangles are either Bullish or Bearish An Ascending Triangle will break out into a long position on a break above resistance. A Descending Triangle will enter into a short position on a break below the support line. As we progress, we will see what theory plays out..
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.