Bitcoin currently trading nicely in a symmetrical triangle pattern. Also taking nice gains bouncing off the top and bottoms of the inner triangle. If pattern plays out we should see a break out from this pattern to $9000 as momentum is still bullish. Bullish symmetrical patterns usually plays out bullish but could also break down. There is 25% chance of retest of to $7800 so I would keep stop loss/ready short position just out side the triangle in case it does break down from this pattern.
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