Price is testing the upper resistance of the triangle around $100,370. Breakouts from this pattern can lead to strong moves, with targets calculated by the height of the triangle.
Watch for:
A breakout above $101,000 for bullish continuation. Rejection and retest of support near $99,000 for a possible fakeout. What's your play? 💰 HODL, trade, or wait? #Crypto #Bitcoin #BTC
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.