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$BTC This morning, I explained that I expected the breakout from this symmetrical triangle to be explosive.
Now that violent breakout has occurred, instantly reaching the technical price target of the pattern.
But don’t get me wrong, just because the target has been reached doesn’t mean price can’t go higher.
On the other hand, we’re now trading right inside an important resistance zone, so the developments throughout the rest of the day will be interesting to watch.