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Welcome to this quick BTC update. Currently, it is trading around the 27K level.
BTC is forming a symmetrical triangle-like pattern in ltf. It is still moving inside the triangle and holding the lower trendline of the triangle very well so far. All we need is a clear breakout of this triangle (27.3k) for a good bullish movement up to the 28k-29K level. As long as it is consolidating inside the triangle, we can expect a break out soon.
Invalidation:- Breaks below the triangle (26.4k) and close below it.
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