$BTC
Hello dear traders.
Bitcoin is currently trading above the support line of the symmetrical triangle. The 21-day moving average acts as a resistance barrier above the price action, while the 50MA provides support below the pattern.
A breakout above the 21MA may trigger an upward momentum, while a breakout below the triangle's support could lead to a market correction.
Before making trading decisions, it's best to consult your advisor.
Good luck friends.