$BTC $BTC
$BTC Alert!
The market is up about 7% since the point I mentioned, and the current price is $63,150. Right now, the market is consolidating, which can sometimes trick traders before a bigger move happens. Let's see what's next!
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Ascending Triangle Pattern (1-hour chart):
We're seeing an "ascending triangle pattern" during a bull trend. Here's what to watch for:
1. Reversal: If the price breaks below the support line, it could mean a downward move.
2. Continuation: If the price breaks above the resistance, we might see more upward movement.
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What to do:
1. Draw trend lines connecting the highs and lows.
2. Wait for a breakout — either support or resistance.
3. If resistance breaks, expect higher prices.
4. If support breaks, the price could drop to around $60,500.
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Quick Tips:
Protect your capital by focusing on big market swings.
Stay calm and do your own research.
Keep an eye on market updates.
Disclaimer: This isn’t financial advice. Always confirm trends before making trades.
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I'll be updating you with more detailed analysis soon, including daily and monthly charts to support my "upcoming bull trend theory."#writetowin #writetowin #Write2Earn! #writetowin #Write2Earn!