On Sunday, Bitcoin was setting up a quadruple inside bar pattern, with all of the last four 24-hour candles inside April 13’s mother bar. The pattern leans bearish because Bitcoin was trading lower before forming the pattern.

Bitcoin is also trading in a triangle pattern and is set to meet the apex of the triangle on Monday, traders can watch for a break up from the upper descending trendline of the pattern or the lower ascending trendline on higher-than-average volume to gauge future direction.
At press time, Bitcoin’s trading volume was measuring in at about 2,284 on Coinbase compared to the 10-day average of 8,863.
Bitcoin has resistance above at $42,233 and $45,814 and support below at $39,600 and $38,105.