source avatarJames OBrien

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A symmetrical triangle has formed on the BTC Daily Chart. Signifies an indecision point and is typically followed by a breakout up or down. Which way do we go? 79.8K is near-term support, 87.2K is near-term resistance. Higher timeframe supports at the 50 SMA (76.2K) and 21 SMA (72K).

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