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by: xpoolPosted on: June 8, 2025

Bitcoin Traded in Triangle Pattern as Traders Struggle

Bitcoin’s price movement is currently trapped within an ascending triangle pattern, creating uncertainty for short-term traders like James. Despite persistent accumulation from whales, the asset remains stuck between resistance near $112K and support around $106K. While some investors maintain confidence, others see potential for a breakout in either direction.

Related posts:

  1. US Recession Fears Eased, Bitcoin Price Shows Mixed Signals
  2. Bitcoin Hits Historic Block 900,000: Network Stability Fuels Market Gains
  3. Bitcoin Nears $150K, But Short-Term Risks Remain
  4. Bitcoin Volatility Dips Below Historical Average
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