$BTC is consolidating inside a symmetrical triangle, forming lower highs and higher lows. This structure reflects clear market indecision as price compresses toward the apex. Volume is gradually declining, which typically signals that a volatility #expansion is approaching. A strong breakout with volume above the upper trendline could lead to a #move toward the 69.5K, 71K resistance zone. On the downside, a breakdown below the lower trendline may trigger liquidity below recent lows, opening the door toward the 65K, 64K support area. Waiting for confirmation is key before taking a position. #crypto
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#BTC/USDT ANALYSIS
$BTC is consolidating inside a symmetrical triangle, forming lower highs and higher lows. This structure reflects clear market indecision as price compresses toward the apex. Volume is gradually declining, which typically signals that a volatility #expansion is approaching. A strong breakout with volume above the upper trendline could lead to a #move toward the 69.5K, 71K resistance zone. On the downside, a breakdown below the lower trendline may trigger liquidity below recent lows, opening the door toward the 65K, 64K support area. Waiting for confirmation is key before taking a position. #crypto