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Technical analysis by fugutrader about Symbol BTC on 8/16/2025

https://sahmeto.com/message/3710198

Bitcoin - Breakout from consolidation pattern

Neutral
Price at Publish Time:
$117,666.94
،Technical،fugutrader

Bitcoin volatility has contracted and is currently exhibiting an Ascending Triangle / Pennant pattern. The longer price remains within the boundaries of the pattern, the stronger the breakout from it will likely be.

Source Message: TradingView
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