$BTC CHART ANALYSIS AND UPDATES!! š„
š Current Chart Pattern for BTC: Ascending Triangle (Bullish) š„ š„
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š Chart Name: Ascending Triangle
This pattern is forming as BTC consolidates near $116Kā$118K, with higher lows squeezing toward a flat resistance zone at ~$123K.
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ā” Amazing Short Overview:
Bitcoinās cooking something big. š„ The Ascending Triangle on the daily chart is shouting BULLISH BREAKOUT. Higher lows show relentless buying pressure, while $123K acts as the ceiling. Once that breaksāstrap in.
This isnāt just sideways chopāitās the calm before a possible launch to $135K, $150K, or even $180K by year-end.
Bears? Sweating.
Hodlers? Smirking.
Traders? Ready to ride the rocket. š
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š Trend Analysis:
Support: Higher lows around $112Kā$115K
Resistance: $122Kā$123K (key breakout zone)
Indicators:
RSI: Neutral zone (~55ā60) ā plenty of room to run
MACD: Gaining bullish crossover momentum
Volume: Declining during consolidation ā classic before breakout
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šÆ If BTC breaks above $123K:
Target 1: $135K
Target 2: $148K
Moon Target: $180K+ (if volume surges)
This pattern is the market whispering: āThe bulls arenāt done yet.ā šš„
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