Is Bitcoin Forming A Bullish Running Triangle Pattern?

Gregor Horvat
Gregor Horvat
Forex Technical Analyst •

Bitcoin looks bullish as we see a potential bullish running triangle in progress which can push it even higher.

Bitcoin is trading sideways for the last couple of weeks, which we ideally see it as a running triangle correction within wave 4 as each leg subdivided in three waves. It's a continuation pattern, that can push the price even higher within the final wave 5.

BTCUSD, 4H

BTC4H

If you want to hear more about BTCUSD check our video below from March 31:

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