🔥🔥 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐃𝐚𝐢𝐥𝐲 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 🔥🔥
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Bitcoin is consolidating within an ascending triangle on the weekly timeframe. Currently, It is rebounding from the triangle's support trendline, and the Ichimoku cloud indicates bullish momentum.
However, the 21-day moving average is acting as resistance above the current price action. A solid breakout above the triangle is needed to anticipate a new peak for BTC.
🔼 Data Credit - The Crypto Express
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