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Cryptocurrency Market Analysis: BTC Breaks Out of Triangle Consolidation, Major Altcoins Move Defense Positions UpBitcoin (BTC)In the article published on the 15th, we noted that Bitcoin was inside a triangle convergence zone. To continue its upward trend, it had to break through the upper resistance level of the triangle at $67,200

Ethereums Rebound in the Bear Market: Bullish Triangle Pattern Hints at $3,000 Target?While the overall cryptocurrency market remains in a bear market phase, Ethereum has shown remarkable resilience, forming a bullish triangle pattern on a 4-hour time frame. With a shift in overall market sentiment towards optimism, Ethereum's price has steadily climbed, poised to test the upper trendline

Over the past 18 months, Ethereum prices have been consolidating along an upward trend line, with a resistance level of $2035.The overall price trend has formed an upward triangle pattern, with an expected target price of ETH of $4736

Bitcoin is currently in a sideways market, entering a bull market triangle. This pattern usually means that the market is about to experience an upward or downward breakthrough, which may occur later on Friday or early on Saturday