Bitcoin price is forming a triangular convergence! Will the breakout trigger a major market movement?🚨

Bitcoin price is continuously oscillating within a narrowing triangular pattern. The price has repeatedly bounced off dynamic support levels, indicating that the battle between bulls and bears has entered a heated stage. This extreme compression usually signifies that volatility is about to spike dramatically, and a decisive breakout is imminent.

For traders, this pattern is a key indicator. A breakout upwards may initiate a new upward trend, while a downward breakout requires caution regarding retracement risks. Now is the time to closely monitor how the price chooses its direction at the tip of the triangle.

💡 Key Insight: The tip of the triangular pattern is a precursor to a sharp expansion in volatility. Please fasten your seatbelt, prepare for the rapid market movements following the breakout, and set strict stop-losses.

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