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This article is also available in Spanish.
The price of bitcoin is Achieving a key moment When they curl within the tightening of the triangle pattern, which can soon solve a dramatic breakthrough. The ongoing consolidation from about 80,000 to USD 85,000 is part of a classic technical configuration that can cause robust directional movements on the market.
In particular, this triangle pattern was made available in the analysis on the Social Media Platform X by the cryptographic analyst of Ali Martinez, where he advised traders to carefully observe another breakthrough of Bitcoin.
The current pattern indicates a possible 15% swing in both directions, and because Bitcoin is currently around $ 83,000, the rates are high.
The triangle pattern is created when bitcoins compress between lower hills, higher minimals
The most vital Martinez in the triangle formation examines Bitcoin’s price price from March 7, when Briefly crashed from $ 91,000 Until it breaks below $ 80,000. The resulting recovery above USD 80,000 ultimately led to the fact that the price of Bitcoins reached a lower level at USD 87,000 before re -correction.
Since then, the Bitcoin price campaign has been emphasized by creating lower ups, higher low and increasingly exacerbating range, all of which are the classic parts of creating a triangle formula.
Bitcoin is currently trading in the heart of this exacerbation. The 4-hour time chart shows the upper trend of the triangle trend, which limits the price of almost USD 86,000, while the lower trend line provides support for approximately USD 82,000. These levels have been successfully packed in the price of Bitcoin in the last few weeks, and any pure breakage beyond these borders can define cryptocurrency Direction in the near future.
Picture From x: @ali_charts
The analyst provides 15% movement, warns traders to watch carefully
Martinez analysis indicates a significant price change when Bitcoin Wyrwa from the triangle. “#Bitcoin $ BTC consolidates in a triangular pattern, establishing a scene for a potential 15% move. Watch the breakthrough carefully!” He wrote on x. The warning brings weight, especially for compact -term traders and people managing levers.
If Bitcoin breaks above the resistance line worth 86,000 USD, it can cause a rally in the direction of USD 90,000 or higher and initiate the renovated wave of stubborn rush. On the other hand, a break below $ 82,000 can lead to a quick drop towards $ 70,000, a script that would deal a strict blow to stubborn market moods and delay hopes Forecasts of fresh ups of all time.
Although the move down to $ 70,000 would be brutal, it would The possibility cannot be ruled out, with a bull result at a low level of 10. Most investors position a stubborn result and a refund above 100,000 USD, but Analysis of purchase zones It shows that Bitcoin must convince 85 470 USD and 92,950 USD convincingly.
At the time of writing, Bitcoin traded USD 83,070.
A distinguished picture from Fortuna, TradingView chart
