Bitcoin is breaking the consolidation triangle
Bitcoin is breaking above the consolidation triangle 37700. We are seeing an extension higher to an important confluence for the upside resistance now 41000-42000. For a complete upside reversal, we need to see a break above the 42000. With this triangle breakout, Bitcoin consolidation could soon come to an end but we have an important upside resistance which could also leave consolidation between the bigger 32000-42000 range open.
Note: look to build the buying position and especially upon a break above 42000
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