I draw a small uptrend.
Bitcoin is now consolidating
and approaching the decision making moment. If the triangle breakouts with a huge volume, then it will be a valid breakout and bring us to the 11500 level. If the triangle breakdowns with a huge volume, then btc may retest $7500 supports. A breakout/ breakdown without a volume is not valid which means it is not a good opportunity to trade.
Bitcoin is now consolidating
and approaching the decision making moment. If the triangle breakouts with a huge volume, then it will be a valid breakout and bring us to the 11500 level. If the triangle breakdowns with a huge volume, then btc may retest $7500 supports. A breakout/ breakdown without a volume is not valid which means it is not a good opportunity to trade.
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