$BTC Update in 4-hour timeframe.
Bitcoin is forming a symmetrical triangle pattern on the 4-hour chart, and things are looking intense. The support trendline at $116K must hold, and for a stronger confirmation of a bullish move, BTC needs to break above the resistance trendline.
Will BTC hit its all-time high once again, or is this sideways movement signaling something else?
We’ll get a clearer picture in the coming days. For now, keep an eye on the breakout or breakdown levels.
