Bitcoin overnight broke out of the symmetrical triangle it's been in for the past couple of weeks.
From $59.2K to the $73.8K ATH, the depth of the triangle is $14.6K. The breakout area of the triangle was $70.4K. $14.6K = $70.4K = $85K as a target for this breakout in the coming weeks.
From $59.2K to the $73.8K ATH, the depth of the triangle is $14.6K. The breakout area of the triangle was $70.4K. $14.6K = $70.4K = $85K as a target for this breakout in the coming weeks.
Comment:
meant $14.6K + $70.4K = $85K