Bitcoin's Ascending Triangle Takes It To $8200
The Bitcoin price has been trading in a massive ascending triangle throughout the month of March.
Volume has been decreasing throughout the pattern, as is common in ascending triangles.
If the price were to decrease once more towards support, the $6400 level would offer an optimal entry point.
The first target is given at $8200.
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Volume has been decreasing throughout the pattern, as is common in ascending triangles.
If the price were to decrease once more towards support, the $6400 level would offer an optimal entry point.
The first target is given at $8200.
Please leave a LIKE if you enjoyed the analysis.