BitInfo12

BTC Long Term Trendline and Ascending Triangle

Long
COINBASE:BTCUSD   Bitcoin
BTC looks to be having healthy consolidation.

The price has bounced off a long term lower support line multiple times. It has also touched an upper resistance line twice. BTC price appears to be consolidation in an Ascending triangle pattern. If the upper resistance line is touched three times, this would strongly confirm this idea.

I'm expecting a breakout in mid-January; hopefully to the upside.

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