$BTC ALERT 🚨🚨🚨 BTC IS FORMING A BULLISH SYMMETRICAL TRIANGLE ON 4 HOUR CHART, CAN RALLY UP TO 73K.
I posted a update about BTC following a trend line a few days ago, I was waiting for it to touch the support at 65-66K but BTC only spent time and trapped buyers and sellers and it didn't dip or touch the resistance of the trend line so I think BTC is not following it anymore , To confirm that, what I do is I look for at least three touch points on either the support or resistance to confirm a trend, but there are only two touch points and BTC seems to moving away from he support instead of going towards it.
For now BTC seems to be forming a bullish Symmetrical triangle on the 4H chart which is a big bullish sign, If we see the breakout of this pattern in he next 24 hours we can most likely expect BTC to rally up to 72-73K in my opinion. If however BTC breaks the support in this pattern then BTC is most likely following the other trend line posted earlier so he best case scenario is for you to wait for confirmation of the breakout and then enter the market, Do not buy it before market is being very risky right and is trying to trap both buyers and sellers so anything can happen so better to play it safe. Good luck with your trades ♥️(This is my analysis only always DYOR)
