BTC - CURRENT STATUS

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Hi, looking on the 4-hour chart we see BTC forming a symmetrical triangle and it is confirmed now.

When we break out of this triangle the next step would be ate the 5150 - 5600 USD/BTC level.

We could have a little pull back to the break-out of the triangle. Lets see how this plays out.

Have a nice start into the week everybody!
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Update: Price is reaching the lower trend line of the symmetrical triangle with low momentum. We hhave to see if price continues trading in the triangle or this is the breakout.
BTCBTCUSDTrend Analysis

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