Bitcoin (BTC)’s breakout from this point forward is inevitable. The price has been consolidating in a bullish pennant since last month. No investor or analyst who draws bullish pennants like these on a chart presents a bearish case. In that case, they have to rely on a triangle that extends a little further. However, that triangle has an equal chance of breaking to the upside. The bullish pennants visible on the above chart only break to the upside, in normal market conditions.
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