CHARTVIPER

Bitcoin is quickly approaching the resistance line of a Ascending Triangle. We expect either a breakout through this line or a rebound.

Should we expect a breakout or a rebound on Bitcoin?
Bitcoin was identified at around 83499.6 having recently rebounded of the support on the 1 hour data interval. Ultimately, the price action of the stock has formed a Ascending Triangle pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 84217.1650 level.

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