Bitcoin and alts in large ascending triangle

2 Tem 2022

Bitcoin and some alts are in an ascending triangle pattern. If this happened during a macro uptrend one would place an 80-90% chance on this scenario playing out. Since the markets are in extreme fear and Bitcoin could easily dump again, I would put it at closer to 60%. You never know, but these do more often than not break to the upside and if it does, the target in this case (SOL) is $58-$66. Current Solana price? $33.

BTC target would be $25.5-26k from current 19kSOLUSD