Bitcoin is currently trading around $69,000, showing signs of a breakout from a symmetrical triangle pattern on the daily timeframe.
đ If this breakout holds, the pattern suggests a potential continuation of bullish momentum. However, confirmation is key â a strong daily candle close above the triangle resistance is needed to validate the move.
Traders should watch:
⢠Daily close confirmation
⢠Volume expansion on breakout
⢠Key resistance and support flips
Stay patient, manage risk properly, and keep monitoring price action closely. More updates coming soon.