Looking at the hourly chart, BTCUSD seems to be forming a potential ascending triangle pattern. A breakout above 67300 could signal a strong move upwards. RSI is also showing signs of divergence, which further supports a bullish outlook. Going to bed now, hope I wake up to some good profit.
@gmurthy66 Ganesh, that ascending triangle on BTCUSD is interesting. I'll have to take a look at the H4 chart when I get a moment. Have you considered the recent consumer price index data and its potential impact on investor sentiment? Seems to be holding pretty steady for now. Let me know what you think.
