Date: 2023-04-06T14:30:10Z Creator: Bitfolio Academy
Bitcoin has formed a bull flag on the daily chart. This is a “continuation” pattern of BTC’s strong upward momentum. Currently, Bitcoin is in a period of consolidation. This sideways consolidation is the eye of the hurricane before the big breakout. If the pattern plays out, we could see a break out to 39k. So, expect a period of consolidation or sideways movement, followed by a big breakout to the upside. Stay tuned for updates.
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