BTCUSD: Short Term Market Analysis for 11/06/24

This is my personal opinion and is intended for educational purposes only. Please consult your financial advisor before making any decisions.

The price is consolidating in a Ascending triangle pattern on the 15-minute chart. Following a successful retest of the breakout block, now acting as support, the probability of an upward breakout increases. This could propel the price towards new highs, potentially reaching 76k-78k plus.

https://www.tradingview.com/x/clJO5zXy/