đš VERY IMPORTANT BTC UPDATE đ
BTC has been trading within a symmetrical triangle over the past few days, with the pattern narrowing down and nearing its conclusion. Last night, BTC broke out on the upper side and formed a couple of candles outside of it (highlighted in the white circle). However, BTC has now re-entered the triangle, making its next move uncertain. đđ
There's a chance BTC could break out on either side again. If it does, itâs crucial to wait for confirmationâlast night's breakout was short-lived as BTC re-entered the triangle. With the triangle nearing its end, a breakout on the upper side seems likely. Keep an eye on the period from August 23rd to August 26thâit could be significant. NFA (Not Financial Advice), DYOR (Do Your Own Research).
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