FX.co ★ #Bitcoin M5: Bullish Symmetrical Triangle

According to the chart of M5, #Bitcoin formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 62431.95/62676.60 whereas the upper border goes across 62968.85/62676.60. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of #Bitcoin will breach the upper border to head for 62676.75.