BTCUSD: Bullish Flag Breakout Ahead

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BTCUSDT technical analysis update

At the bottom, Bitcoin formed a falling wedge pattern over 240 days. After breaking out, the price surged by 75%. Following this rise, BTC entered a 220-day consolidation phase, forming a rectangular continuation pattern, which led to a 133% increase after its breakout. Currently, BTC has been forming a flag pattern for the last 220 days, and in the next 10-20 days, we could see a breakout, potentially signaling another strong bullish move.

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Hexa
Trade attivo
BTCUSDT price broke bullish flag pattern.
Trade attivo
BTCUSDT retested flag resistance.
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