BTC is currrently tracing a consolidation triangle that will likely break higher pushing BTC towards the $9000 range likely peaking this current parabolic move at around $9500 before any significant correction.
Comment:
Comment:
We can see here how the price touched the parabolic trendline and reacted with strong bullish action.
Trade closed manually:
Pattern failed, parabolic trendline broken and a huge dump followed as can be seen in this updated chart. 7600s support level was very significant now it will become strong resistance.