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