The H4 chart also shows a continuation pattern which means there is a chance for Bitcoin to rally again.
An ascending triangle pattern is observed on H4 above its dynamic EMA.
There is a chance of a breakout in this range with a price target of 8% to $100K.
Understand that this post is not an invitation to sell or buy, we at Crypto Academy are not affiliated or invested in any of the projects presented. This post is purely for educational purposes.
Data source: Akademi Crypto via Tradingview.