Bitcoin / TetherUS
Long
Updated

BTC: Poised for a Bullish Breakout as Triangle Pattern Completes

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BTC: Poised for a Bullish Breakout as Triangle Pattern Completes

Bitcoin (BTC) is on the verge of completing a bullish triangle pattern, signaling a potential upward movement. Currently, the price is testing the resistance zone for the third time, increasing the likelihood of a bullish breakout.

Given the current market uncertainty, BTC might experience a slight downward movement before resuming its upward trajectory.

However, a solid breakout above the triangle pattern could propel BTC further to target levels of 101,900 and 105,300.

You may find more details in the chart!
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