$BTC Retesting Triangle Breakout – Is It Just a Pullback?
Bitcoin ($BTC ) recently broke out of a symmetrical triangle on the 1H chart and is now retesting the previous resistance line — which might be acting as support.
If this area holds, a continuation to the upside is possible. But a break back below the trendline could invalidate the breakout.
What’s your view? Pullback or failed breakout?
#Bitcoin #Write2Earn #Crypto
Bitcoin ($BTC ) recently broke out of a symmetrical triangle on the 1H chart and is now retesting the previous resistance line — which might be acting as support.
If this area holds, a continuation to the upside is possible. But a break back below the trendline could invalidate the breakout.
What’s your view? Pullback or failed breakout?
#Bitcoin #Write2Earn #Crypto