Technical analysis by tsellucf about Symbol BTC: Buy recommendation (8/15/2024)

On the daily chart bitcoin is clearly in a huge ascedning triangle. The A and B points are set so we know the breakout target will roughly be 105k. Pretty cool how well price is currently respecting the triangle and trying to stay within it. Think the C and D points shift to different lows/highs and this triangle expands which will be more bullish allowing price to breakout farther away from the apex