Since June 18, 2022, BTC trades in a higher high, higher low structure. In the recent trend we can observe that BTC has been forming Ascending Triangle Structure.
Currently, BTCUSDT is at $24015. If the pattern continues, the price of BTCUSDT might reach the resistance level of $28200 If the trend reverses, then the price of BTCUSDT may fall to $22400
Look at the Bullish Candle and Volume Spike in the recent price action. Sounds like the bulls are ready for bear warfare.
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