Seems like Bitcoin is making its moves in bullish fashion and is now exiting from the pause phase. Let me break down those phases for you: Consolidation, Bull, Pause, Bull...
On the chart, I’ve highlighted these phases:
Consolidation Phase: This is represented by a channel pattern, where the price moves within a defined range.
Bull Phase: This is the parabolic movement, showing strong upward momentum.
Pause Phase: This takes the shape of a triangle, signaling a temporary slowdown before the next move.
What’s fascinating is that all these patterns—channel, parabolic, and triangle shapes—have unfolded during the 2023–2024 bull run. Together, they form a rising channel, reinforcing the broader bullish structure.
Let’s see where Bitcoin heads next! 🚀
On the chart, I’ve highlighted these phases:
Consolidation Phase: This is represented by a channel pattern, where the price moves within a defined range.
Bull Phase: This is the parabolic movement, showing strong upward momentum.
Pause Phase: This takes the shape of a triangle, signaling a temporary slowdown before the next move.
What’s fascinating is that all these patterns—channel, parabolic, and triangle shapes—have unfolded during the 2023–2024 bull run. Together, they form a rising channel, reinforcing the broader bullish structure.
Let’s see where Bitcoin heads next! 🚀
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。