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Bitcoin Breaks Symmetrical Triangle, Signals Potential Rally
Bitcoin ($BTC) has officially broken out of a symmetrical triangle price pattern. This notable breakout has reportedly triggered a renewed investor interest in Bitcoin. The respective breakout takes place following weeks-long $BTC consolidation. At the same time, the Ichimoku Cloud is serving as a robust support zone. Bitcoin’s ($BTC) latest breakout from the symmetrical triangle pattern is critical, displaying its underlying potential. Based on the historical data, this pattern often plays the role of a precursor to massive price action. Currently, BTC is retesting after breakout. A successful breakout level ... (full story)
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