$BTC โ 30Min Chart Analysis
๐ท Symmetrical Triangle Forming โ A breakout is brewing soon!
Bitcoin is consolidating inside a symmetrical triangle, marked by higher lows and lower highs
This pattern usually signals a continuation of the previous trend โ in this case, bullish bias unless broken to the downside
๐ Key Levels to Watch:
Breakout Zone (Upside): $107.3K โ $107.6K
Breakdown Zone (Downside): $106.2K โ $106.0K
Measured Move Target: Around $109.2K (if upside breakout happens)
Support: $106K (structure base)
Weโre nearing the apex โ expect a strong move soon!
Breakout direction will decide if we push into new highs or revisit $105K support.
Wait for candle close outside the triangle with volume
Donโt front-run โ confirmation matters