Bitcoin is at a very critical decision point. The breakout of this triangle will either take Bitcoin to the 8900 or the 6010 ranges. Bears are pushing forward to win the tug of war but the bulls are putting a glorious fight!
Very excited to see the outcome.
Bitcoin breaks out of the Symmetrical Triangle (black lines) to the upside, only to be trapped inside a potential Rising Wedge pattern (orange lines) which is considered to be bearish.
The target price for that would be 7135 USD.
Good Luck trading
BTC is shaping a Rising Wedge at the moment and is very likely going to have to deal with two strong resistances forming a cross at 7378 and also the next resistance at 7440
Next target would be around 7150
Good Luck & be safe out there