FX.co ★ Patterns #Bitcoin | Bitcoin cryptocurrency Rate in the Forex market

The Bullish Symmetrical Triangle pattern has formed on the #Bitcoin M30 chart. Its lower boundary passes through 76610.59/78267.33, while its upper boundary passes through 79382.99/78267.33. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, #Bitcoin is expected to break the upper boundary and move toward 78267.63.

The Double Top reversal pattern has formed on the #Bitcoin M30 chart. Its upper boundary is at 78322.30, its lower boundary is at 78032.68, and its width is 28220 points. A short position may be considered below the lower boundary at 78032.68, with a potential target at 78032.38.

The Double Top pattern has formed on the #Bitcoin M15 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 78032.68 is likely to confirm further downward movement.

The Triple Top pattern has formed on the chart of the #Bitcoin M5 trading instrument. It is a reversal pattern with resistance at 78143.47/78090.00, support at 77789.42/77874.75, and a width of 35405 points. A break below the confirmation support at 77789.42 may signal further downward movement.

The Double Bottom pattern has formed on the #Bitcoin M15 chart. Its upper boundary is at 77512.01, its lower boundary is at 77234.61, and its width is 28006 points. A break above the upper boundary at 77512.01 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

The Bearish Symmetrical Triangle pattern has formed on the #Bitcoin M5 chart. A break below the lower boundary at 76857.11 is likely to signal a continuation of the downtrend.

The Double Bottom pattern has formed on the #Bitcoin M15 chart. Its support is at 78999.23, its resistance is at 79765.31, and its width is 76608 points. A break above resistance may confirm a trend reversal, with the first target projected 74094 points away.

The Double Bottom pattern has formed on the #Bitcoin M5 chart. Its upper boundary is at 78910.69, its lower boundary is at 78313.32, and its width is 61418 points. A break above the upper boundary at 78910.69 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

The Bullish Symmetrical Triangle pattern has formed on the #Bitcoin M5 chart, signaling a likely continuation of the trend. Its upper boundary passes through 81306.37/80642.74, while its lower boundary passes through 79978.60/80642.74. The pattern width is 132777 points. When the Bullish Symmetrical Triangle forms during an uptrend, it indicates that the prevailing trend may continue. A breakout above 80642.74 could send the price toward 80642.89.

The Bullish Rectangle has formed on the #Bitcoin M5 chart. This is a trend continuation pattern bounded by the lower boundary at 79502.61–79502.61 and the upper boundary at 80018.68–80018.68. A breakout above the upper boundary is likely to signal a continuation of the uptrend.