BTC Approaching Historical Highs? Diamond Pattern + Spot Premium, Calm Before the Storm?
According to several traders, Bitcoin (BTC) is currently in a converging triangle structure with decreasing trading volume, brewing significant volatility.
Mikybull Crypto has identified the 'diamond pattern breakout' signal, believing the structure is strong; Daan Crypto Trades has noted the ongoing spot premium on Coinbase, reflecting that U.S. funds are still actively buying.
However, CrypNuevo and others also warn: Bitcoin has not fully broken through key resistance, and there is still a risk of false breakouts followed by pullbacks in the short term.
The technical pattern is poised to break out, with funds quietly placing bets.
Is this the beginning of breaking through 116,000 USD, or the last calm before the storm?
At this moment, are you holding coins waiting for an explosion? Or are you retreating in the short term? Welcome to the discussion area for lines
