Bitcoin is currently in an ascending triangle pattern, which is a bullish continuation pattern in technical analysis. This suggests that buyers are gaining strength and there is a high probability of an upward breakout. The fact that we're already seeing an upward movement supports the idea that a new uptrend may be starting.
In short:
Bitcoin is forming an ascending triangle, and we're witnessing an upward price movement, which could signal the beginning of a stronger bullish trend.
In short:
Bitcoin is forming an ascending triangle, and we're witnessing an upward price movement, which could signal the beginning of a stronger bullish trend.
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It worked exactly as I analyzed.
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