Bitcoin is about to break out of a pattern on the 4-hour (4H) chart. In the visual representation, it is possible to identify a symmetrical triangle, indicating that $BTC is approaching a breaking point.
On the daily chart (1D), we observed that this would imply a break in the equilibrium pattern. This pattern works like a spring, which, when compressed and released, releases all of its accumulated energy. This scenario has the potential to lead BTC to leave its current price range of 41/43 thousand dollars, which could result in a significant appreciation of altcoins as well.
