$BTC

THIS IS VERY IMPORTANT ⚠️

WATCH THE TRIANGLE ❗️

Price is now ranging inside this triangle structure.

I will be waiting for a bounce then a retest of the lower support level before considering a long trade.

I remain quite bullish as we previously got a weekly close inside our major support area on higher timeframes.

We should NOT print lower highs (it signals weakness) and I therefore expect $BTC to pump to 71k or above soon.

By the way, Ethereum is also printing a bit different pattern with equal lows. That means we'll need a strong bounce from here on ETH.

So far I'm sitting tight, waiting to see how this all plays out inside the triangle.

BTCUSDT

Perp

68,037.5

-1.18%