Bitcoin Price Analysis: Triangle Breakout Sets BTC Rally To $32000 Mark

Bitcoin Price Analysis: Triangle Breakout Sets BTC Rally To $32000 Mark


CoinGape
2022-05-15 15:46:41

A bullish breakout from a symmetrical triangle pattern boasts the ongoing recovery in Bitcoin(BTC) prices. The expected retest could offer a good entry opportunity for interested traders with an expected target of 6.50% high at $32000. However, can buyers undermine the potential resistance of 200 EMA? Key points: The weekly BTC chart shows seven consecutive The post Bitcoin Price Analysis: Triangle Breakout Sets BTC Rally To $32000 Mark appeared first on CoinGape.