📊👀 $BTC is positioning itself for a potential breakout from its current narrowing triangle pattern, signaling an early but crucial move. If it breaks higher, this could spark a wave of positive momentum, while a break lower may extend the anticipation of a price rebound.
The catalyst for such a move could stem from bullish sentiment in the equity markets, which are expected to rally ahead of Fed Chair Powell's upcoming speech in Jackson Hole. Additionally, the release of the Fed minutes from the last FOMC meeting might offer a dovish tone.