Bitcoin is riding the inside of this symmetrical triangle snugly. I see a breakout occurring within the next 12 hours, if we follow this pattern and time frame.
With the RSI indicator falling from its overbought zone, I believe the bulls will step before too long and push us to $4900 and beyond! As the candles tighten up, we should see MACD follow suite before giving us our bearish or bullish signal. The bulls do currently have control, but as we all know, things can change very quickly.
Do you think we could see a new all time high today? Let me know in the comments below!
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