BTC price is squeezing in ascending triangle
On the daily chart, BTC reached Fib golden ratio- 0.618% level. Besides, this price is squeezing in ascending triangle. The ascending triangle pattern is neutral it means the price may break the pattern down or up. The resistance is very strong although the sentiment is bullish. So, let's what which direction BTC will choose.
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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.