๐ฅ๐ฅ ๐๐ข๐ญ๐๐จ๐ข๐ง ๐๐๐ข๐ฅ๐ฒ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐ฅ๐ฅ
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Bitcoin is consolidating within an ascending triangle on the weekly timeframe. Currently, It is rebounding from the triangle's support trendline, and the Ichimoku cloud indicates bullish momentum.
However, the 21-day moving average is acting as resistance above the current price action. A solid breakout above the triangle is needed to anticipate a new peak for BTC.
๐ผ Data Credit - The Crypto Express
๐ ๐ด๐ฒ๐ท๐ฐ๐ฝ๐ณ๐ ๐ธ๐ฟ๐ 123
