Trend Reversel on Bitcoin with widening triangle
Implications of the Widening Triangle on Bitcoin
Bullish Reversal:
If Bitcoin is in a downtrend and forms a widening triangle, a breakout above the upper trend line can signal a bullish reversal.
Confirmation requires strong buying volume and a sustained move above the breakout point.
Bullish Reversal:
If Bitcoin is in a downtrend and forms a widening triangle, a breakout above the upper trend line can signal a bullish reversal.
Confirmation requires strong buying volume and a sustained move above the breakout point.
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