Analysis: Bitcoin reproduces a triangular structure, and the market may gain considerable growth

According to the analysis of the tradingview user Jacobcanfield, in the past 10 years, Bitcoin has been in the middle of the 20-week moving average in the rebound repair process after the three rounds of bear market, and the previous two similar phenomena are ultimately Ending the consolidation structure with upward resistance to the trend line resistance, and after breaking the upper rail of the triangle, the 20-week moving average can be extended to a considerable increase. With Bitcoin re-emerging into a consolidation triangle structure in the last two months, if history repeats itself, the potential for further market growth is worth looking forward to.