Bitcoin on 'Pause' for brief moment!
Seems like Bitcoin is making its moves in bullish fashion and is now exiting from the pause phase. Let me break down those phases for you: Consolidation, Bull, Pause, Bull...
On the chart, I’ve highlighted these phases:
Consolidation Phase: This is represented by a channel pattern, where the price moves within a defined range.
Bull Phase: This is the parabolic movement, showing strong upward momentum.
Pause Phase: This takes the shape of a triangle, signaling a temporary slowdown before the next move.
What’s fascinating is that all these patterns—channel, parabolic, and triangle shapes—have unfolded during the 2023–2024 bull run. Together, they form a rising channel, reinforcing the broader bullish structure.
Let’s see where Bitcoin heads next! 🚀
On the chart, I’ve highlighted these phases:
Consolidation Phase: This is represented by a channel pattern, where the price moves within a defined range.
Bull Phase: This is the parabolic movement, showing strong upward momentum.
Pause Phase: This takes the shape of a triangle, signaling a temporary slowdown before the next move.
What’s fascinating is that all these patterns—channel, parabolic, and triangle shapes—have unfolded during the 2023–2024 bull run. Together, they form a rising channel, reinforcing the broader bullish structure.
Let’s see where Bitcoin heads next! 🚀
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。