BTC Update (4H Chart Analysis)
On the chart, we can see that Bitcoin is now in an Ascending Triangle pattern. The price is slowly moving upwards from the bottom, but is repeatedly getting stuck at a resistance line above.
Now the question is — will the breakout be up or down? What to watch out for: If the price closes strongly above $95,500, then a bullish breakout is likely.
And if the trendline breaks down, a bearish move may be seen.⚠️⚠️⚠️⚠️⚠️
Be careful, be patient. Understand the direction of the breakout and then take the entry.