Ascending Triangle breakout for BTC!
Bitcoin has broken flush out of an to the upside.
On the there’s a noticeable breakout of what appeared to be a giant multi month , turns out it was a , we’ve already seen a back-test of what was the downward sloping resistance, and it has acted as support for the time being.
I’m expecting some resistance before a blue sky breakout, maybe a re-test of the horizontal top of the , it would be ideal if there was any retracement from here that old resistance would turn into new support.
The green line is one possible scenario complementing my above thoughts.