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#Bitcoin is currently trading within a symmetrical triangle pattern, encountering resistance at the upper trendline. The 21MA is providing support at this level. A breakout above the triangle would indicate a bullish confirmation, while a breakdown below the triangle would suggest a bearish trend. We can also expect further consolidation within the triangle. It is essential to wait for a decisive breakout or breakdown to confirm the next direction #btc70k #bitcoinnewsupdate #bitcoin☀️

#Bitcoin is currently trading within a symmetrical triangle pattern, encountering resistance at the upper trendline. The 21MA is providing support at this level.

A breakout above the triangle would indicate a bullish confirmation, while a breakdown below the triangle would suggest a bearish trend.

We can also expect further consolidation within the triangle. It is essential to wait for a decisive breakout or breakdown to confirm the next direction

#btc70k #bitcoinnewsupdate #bitcoin☀️

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