The previous analysis of Bitcoin is still valid. ( BTC / USDT 7 March 2023 )
Within the 4-hour timeframe, the price movement is constrained within a triangular formation.
If the resistance zone and the triangular pattern are breached, Bitcoin has the potential to ascend to the upper zone.
It is advised to hold off on any investment decisions until the triangular pattern is broken.
⚠️This analysis is solely for educational purposes and should not be regarded as a trading signal. As per the training material provided on the Adakit Academy website, it is recommended to determine your entry point based on risk management principles.⚠️