Ali Charts|Apr 13, 2026 12:29
Bitcoin BTC is currently trapped inside a symmetrical triangle on the 12-hour chart.
These patterns are "neutral" by nature, meaning the market is essentially coiling like a spring before a major expansion in volatility.
If we see a clean 12-hour close above $72,000, the triangle resolves to the upside. This would likely trigger a continuation of the trend toward $80,000.
But if Bitcoin loses the lower support and drops below $67,000, the structure breaks. This could lead to a deeper correction toward the $59,000 zone to flush out late longs.
Don't get chopped up in the middle. The real move happens once one of these levels is reclaimed or lost. I’m watching the $72,000 and $67,000 boundaries closely to see which side of the boat the market leans toward.(Ali Charts)
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