๐ฅ๐ฅ ๐๐ข๐ญ๐๐จ๐ข๐ง ๐๐๐ข๐ฅ๐ฒ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐ฅ๐ฅ
Bitcoin is currently consolidating within an ascending triangle pattern. It is facing rejection at the horizontal resistance zone of the triangle.
The 100-day moving average (MA) is providing support, while the 200-day MA is acting as resistance above the triangle. We need to wait for a successful breakout or breakdown to confirm the next direction.
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