BTCUSD → Pre-break consolidation and flat at resistance
BTCUSD continues to forge an uptrend and also gives us preconditions that the growth will continue. The price is forming consolidation before the breakout and is confidently forming another bullish wave.
On the chart we see an ascending triangle, the key resistance area that holds the price is the area of 31500.
Resistance levels: 31500
Support levels: 30000, 29700
I expect the consolidation to continue with the subsequent price squeezing to the resistance. A sharp retest will lead to the fact that the resistance may be broken. Medium-term outlook 32196-34000.
