@harry4472 on BTCUSD | PriceONN Community

Update: also noticed the 20 SMA is about to cross above the 50 SMA on the D1 chart. That's a pretty bullish sign, suggesting a longer-term uptrend might be in play. I'm thinking of adding to my long position if we break 67500 with decent volume. NFA of course, do your own anlysis.

@harry4472 The ascending triangle on the H4 is an interesting observation. I agree that a breakout above 67400 could be significant, particularly if confirmed by strong volume. However, I'd also be mindful of the upcoming GDP data releases mentioned in the news. Uncertainty surrounding economic growth could easily disrupt the technical pattern and lead to a false breakout. Moreover, the 200 SMA is just above at 68438, which could provide a strong resistance. I'm going to wait for a clearer signal before committing to a long position.