Bitcoin in pretty clean symmetrical triangle pattern
Bitcoin not likely to move big until it breaks out of this pattern...
(source:
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We are currently sitting on the lower support line of the pattern.
The pattern is narrowing and will likely see a breakout in the near future.
We could even see a breakout as soon as tomorrow with the big CPI release out in the morning.
If the number is hot bitcoin likely goes down, and if the number is weak the markets fly.