BTC Triangle Convergence Reappears! Is this a buildup, or the prelude to a drop?
The big coin has returned to the familiar "symmetrical triangle" volatility area, liquidity has just been swept clean, and the price quickly re-entered the structure.
But don't celebrate too early —
That "fair value gap" (FVG) above is like a nail, constantly pinning down the bulls; the last major correction collapsed from this position.
Now the key question is:
Can this round break through this resistance zone strongly? If so, the target could directly aim for 110,000; but if it gets pushed back again, the short-term bulls may end up working hard for nothing.
The market is holding back a big move, don't be fooled by appearances.
Is your expectation a breakout or just a false move? See you in the comments!
