This chart is a long term view showing Bitcoins price action and the triangle formed through this price action. I think we will continue to see consolidation within this triangle before we finally squeeze into a breakout. I expect Bitcoin will be bullish once it is done consolidation and squeezes its way up and out of this triangle pattern.
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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.