Pretty simple chart. Bitcoin is currently in the process of forming a Bull Penn / Sym Triangle. We currently have hidden bull divs on the RSI, Momentum and DMI, indicating the strong possibility of a bounce from where we are now to the top range of the pattern in the coming days.
Potential breakout day could be around April 1st with a 24% target if we do break out.
Now we have to wait and see if we can continue to form the pattern and hit the top side of the range again.
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