BTC
#btc $bitcoin #bitcoin - Prediction
Bitcoin (BTC) is currently forming a symmetrical triangle pattern on the price chart, characterized by equal highs acting as resistance and higher lows forming diagonal support.
Key points to watch:
Upward breakout:
If BTC breaks out of this pattern to the upside, accompanied by strong volume, it would signal a bullish continuation.
This could lead to altcoin pumps, as traders often rotate capital into altcoins during Bitcoin rallies.
Downward breakout:
If BTC breaks down below the lower high support, the next significant support level is as marked on the chart
Bitcoin (BTC) is currently forming a symmetrical triangle pattern on the price chart, characterized by equal highs acting as resistance and higher lows forming diagonal support.
Key points to watch:
Upward breakout:
If BTC breaks out of this pattern to the upside, accompanied by strong volume, it would signal a bullish continuation.
This could lead to altcoin pumps, as traders often rotate capital into altcoins during Bitcoin rallies.
Downward breakout:
If BTC breaks down below the lower high support, the next significant support level is as marked on the chart