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$BTC -Can the ascending triangle be broken?
Bitcoin is currently at a critical decision zone, consolidating after weeks of volatility. Price action is compressing just below a major resistance area, forming a well-structured ascending triangle â a pattern that often precedes a strong directional move.
đş Ascending Triangle Structure
BTC continues to print higher lows, showing that buyers are gradually gaining control. Each pullback is being defended near the rising trendline, confirming it as a key structural support. This behavior suggests accumulation rather than distribution.
đ§ Liquidity Zone Below
Below the current range lies a clear liquidity pocket, created by equal lows and untested downside levels. This zone likely holds resting stop-loss orders and pending liquidity. Markets frequently sweep such areas before committing to a larger move â especially within triangle formations.
â ď¸ What to Watch Next
A liquidity sweep into the lower zone, followed by a strong reaction from the ascending trendline, would be a high-probability bullish confirmation.
A clean breakout above triangle resistance with volume could trigger an impulsive move upward, targeting higher liquidity zones.
However, a breakdown below the ascending trendline would invalidate the bullish structure and open the door for a deeper correction.
đ Conclusion
As long as BTC holds above the ascending trendline, the bullish bias remains intact. Traders should stay patient and observe how price reacts around liquidity levels â the next move is likely to be decisive.
đ Smart money waits for confirmation. Volatility is coming.
#Bitcoin #Liquidity #AscendingTriangle