BTCUSDT might be forming an ascending triangle on the 4H chart, with a horizontal resistance at $105k and support being the resistance of the broadening wedge we identified last week: Bitcoin Ascending Broadening Wedge (4H)A sustained break above $105k would set the target at $109k, very close to ATH.
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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.