Bitcoin

<ul><li>Bitcoin tests the key support line of an ascending triangle pattern, crucial for maintaining its bullish trend.</li><li>Potential upside targets are $72,000 and $100,000 if Bitcoin bounces off the support line.</li><li>Failing to hold the support could result in sideways or downward movement, making summer less exciting for traders.</li></ul>Bitcoin&#39;s (BTC) price movement indicates that the asset is testing the lower border of a key pattern. Holding above this level is critical to maintaining the positive trend. If Bitcoin bounces off this support, objectives of $72,000 and $100,000 are within reach. However, failure to hold could lead to a less exciting summer for traders, with possible sideways or lower action.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXf1k31LKCLdyQOsvvSc7QMOXWnorLy1Vphz5OIdhVYDutGVYea4qpas77plyufdoJmd6DiyQb6kcxQ5Yh2ZUypbOnK0YYZnTmWq2GGIdPVJcbx5npnvfxhwOu1rnDtW5t9W04k9242q55fco-D-vFIVv45v?key&#61;c_bhVPFickQpVzilQn5Hnw" />Crypto analyst Jelle, <a href="https://x.com/CryptoJelleNL/status/1803346316816155034" rel="noopener noreferrer nofollow">highlighted</a> the importance of this level in his X post. He mentioned that BTC must hold the lower end of the ascending triangle pattern to keep the <a href="https://cryptotale.org/?s&#61;bullish&#43;momentum" rel="noopener noreferrer nofollow">bullish momentum</a> intact. If it breaks, the market could enter a period of stagnation. This sentiment is echoed by Mags, another top analyst,<a href="https://x.com/thescalpingpro/status/1803329368787394897" rel="noopener noreferrer nofollow"> who believes the next leg up for BTC</a> will be legendary.<a href="https://cryptotale.org/btc-tests-critical-support-in-ascending-triangle-pattern-analyst-insights/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

BTC Tests Critical Support in Ascending Triangle Pattern : Analyst Insights

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