2026-01-13 22:35:00

Looking at Bitcoin's weekly timeframe, the ascending triangle pattern currently presents a rather constructive technical picture. The way price is consolidating between rising support and horizontal resistance doesn't suggest downside pressure at this stage. The structure of higher lows combined with the resistance level holds suggest buyers remain engaged at these levels. Unless we see a decisive break below the support trendline, this formation looks more aligned with bullish continuation rather than bearish breakdown scenarios. Worth monitoring how Bitcoin responds when tested at the upper boundary.

BTC-2,62%

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FlatTax

· 01-16 21:59

Ascending triangle, to put it simply, is about whether it can break the resistance level. I think there's a chance this time.

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TommyTeacher

· 01-16 10:18

The triangle breakout is imminent; it all depends on whether it can hold above the resistance.

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StopLossMaster

· 01-13 22:59

Is the ascending triangle really that optimistic? It seems many technical analysts say so, but I'm more concerned about when it will truly break through.

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AlphaBrain

· 01-13 22:59

It's a rising triangle again, using this move? How did it turn out the last time you said this, did you forget?

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SchrodingersPaper

· 01-13 22:57

Ascending triangle? Here we go again... You said the same thing last time, and what was the result?

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AirdropHuntress

· 01-13 22:45

The ascending triangle combined with accumulated trading volume indicates that this move still depends on whether the resistance above can be broken through.

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TokenomicsDetective