Bitcoin has broken out of a significant triangle pattern, sparking cautious optimism among traders. The breakout, which follows a recent fakeout, suggests potential bullish momentum if sustained. Technical analysts highlight that such patterns often precede strong directional moves, but the recent fakeout has left traders wary. Confirmation of the breakout's validity is expected to depend heavily on trading volume over the next 24–48 hours. Sustained movement above the breakout zone could indicate the start of a larger rally.
Bitcoin Breaks Key Triangle Pattern, Traders Await Confirmation
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