March 5, 2026

$BTCUSD symmetrical triangle formation

$BTCUSD symmetrical triangle formation

$BTCUSD symmetrical triangle formation

$BTCUSD symmetrical triangle formation

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
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$BTCUSD symmetrical triangle formation

Bitcoin formed a similar pattern to the one from January. The symmetrical triangle resolved to the upside as was the case last month. The next resistance area is around $43000. We have already trimmed half on yesterday’s move and continue to hold the rest for continuation.

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