CoinGape
2022-05-22 13:25:15

Bitcoin Price Analysis: Trapped Bullish Momentum Need Triangle Breakout

The Bitcoin(BTC) traders’ tug of war around the $30000 adds uncertainty to the market. Moreover, this consolidation forms a symmetrical triangle pattern, reflecting a potential rally for BTC. However, can buyers undermine the multiple resistances waiting ahead? Key points: The BTC price shows eight consecutive red candles in the weekly time frame chart The rising The post Bitcoin Price Analysis: Trapped Bullish Momentum Need Triangle Breakout appeared first on CoinGape.

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