Bitcoin is forming now a broadening triangle. However most likely in my opinion it is forming a ascending channel. This will be confirmed in the next few days as the Lower trend line is either crossed or respected. If the lower trend line is not respected and falls below then it could become the broadening triangle instead. With a flat lower trend line and an ascending upper one. The broadening triangle is a sign of extreme volatility and after it finishes playing out in a few years it could finally explode up or down.
