BTC quick view on the situation

2024年12月5日

BTC, given the current rise and breakout above the symmetrical triangle, pushed out of the consolidation area but retraced within a day to touch and thus retest the symmetrical triangle. now, usually that means it confirms the breakout so let's see if that's the case here and goes back up towards 100k.

2024年12月8日

註釋

after a flash dump all the way towards 91.5k it recovered quickly above the breakout and continues to hold so far. an extension of the upwards trendline would suggest a touch at the end of the year at least (if it consollidates further). will look into it.

2024年12月12日

註釋

since it fell through again the trendline is invalidated. will put up a new scenario