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Analyst Ali Charts posted that Bitcoin (BTC) is at the end of a symmetrical triangle pattern, and a breakout is imminent.
He is currently closely monitoring the resistance level at $63,000 and the support level at $61,000 to assess the upcoming price trend.
Ali pointed out that once the hourly chart closes outside the defined range above, the release of momentum could trigger a price expansion of up to 10%.
He is now closely watching volume changes in these boundary areas to capture early signals of a sustained breakout.