Bitcoin is currently consolidating inside a symmetrical triangle pattern after a strong bullish rally. The price is approaching the apex of the triangle, signaling a potential breakout soon.
The 50 EMA is acting as dynamic support, perfectly aligned with the triangle’s lower trendline, reinforcing the bullish structure.
A confirmed breakout above the triangle resistance could trigger a strong upward move, with a potential target near the $125,000–$130,000 zone.
Cheers
Hexa
BTCUSDT BTC
The 50 EMA is acting as dynamic support, perfectly aligned with the triangle’s lower trendline, reinforcing the bullish structure.
A confirmed breakout above the triangle resistance could trigger a strong upward move, with a potential target near the $125,000–$130,000 zone.
Cheers
Hexa
BTCUSDT BTC
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🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
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🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Related publications
Disclaimer
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.