#Bitcoin has broken out of the symmetrical triangle #pattern with significant volume and is currently #trading above both the 21MA and the 50MA, which are acting as support below the current price action. A retest of the breakout level is possible. However, a breakout above the horizontal supply zone could trigger a further upward rally in the market. #CryptoRecovery $BTC #GateSquare$50KRedPacketGiveaway
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#BTC/USDT ANALYSIS
#Bitcoin has broken out of the symmetrical triangle #pattern with significant volume and is currently #trading above both the 21MA and the 50MA, which are acting as support below the current price action. A retest of the breakout level is possible. However, a breakout above the horizontal supply zone could trigger a further upward rally in the market. #CryptoRecovery
$BTC #GateSquare$50KRedPacketGiveaway