CryptoNoan

$btc #btc $bitcoin #bitcoin - Prediction

Long
BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
BTC #btc $bitcoin #bitcoin - Prediction
Bitcoin (BTC) is currently forming a symmetrical triangle pattern on the price chart, characterized by equal highs acting as resistance and higher lows forming diagonal support.

Key points to watch:

Upward breakout:

If BTC breaks out of this pattern to the upside, accompanied by strong volume, it would signal a bullish continuation.
This could lead to altcoin pumps, as traders often rotate capital into altcoins during Bitcoin rallies.

Downward breakout:

If BTC breaks down below the lower high support, the next significant support level is as marked on the chart

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