#BTC Ascending Triangle

📊#BTC Ascending Triangle📊

🧠From a structural perspective, we are still in a sideways consolidation phase. We have already built a short structure. If we want to continue to rise, we need to break through the blue turning point 119240 and stabilize before we can usher in a big surge.

➡️From a morphological perspective, an ascending triangle is forming. After breaking through h, it is confirmed that the upward breakthrough will occur. The subsequent pullback is worth our participation.

⚠️If we fall below the low point near 116000, we cannot blindly go short, because the sideways consolidation time is too long. After the selling pressure is exhausted, the lows that appear are all opportunities for us to participate in long transactions.

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