Bitcoin Price Analysis

Bitcoin (BTC) Price Analysis: Heads Up for a Breakout!

Bitcoin has formed lower highs and higher lows to create a symmetrical triangle consolidation pattern on its short-term charts. Price is approaching the peak of the formation to suggest that a breakout is due soon. But which direction will it go? The moving averages barely offer strong clues as the technical indicators are simply oscillating to reflect current consolidation. Looking at the earlier…
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