2026-01-09 01:27:03

Bitcoin Daily Chart Pattern Analysis: Ascending Triangle or Bear Flag?

Looking at recent movements, Bitcoin's daily chart shows an interesting pattern—a formation created by an upward-sloping support line from below and a horizontal resistance line. The market question is: is this a bullish ascending triangle, or a bear flag before a false breakout?

An ascending triangle typically indicates bullish momentum building up, with the price eventually breaking above resistance. However, the behavior of a bear flag is quite the opposite—it is a consolidation pattern in a downtrend, often followed by a more aggressive decline.

The key lies in the direction of the upcoming breakout. If the price breaks above the top with supporting volume, it’s a standard buy signal for an ascending triangle. But if it breaks below the support, this pattern will quickly evolve into a bearish signal indicating further downside. The current price action and volume performance are crucial.

BTC-0,83%

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BasementAlchemist

· 01-11 18:28

Is it the same pattern again? Ascending triangle, bear flag... Basically, it's just guessing the direction, and the trading volume is not convincing at all.

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ReverseFOMOguy

· 01-11 13:03

It's the same pattern again. Can't you just tell me when it will break out? I'm tired of analyzing the formations every day...

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RugDocDetective

· 01-10 22:33

It's the same old trick again, is it an ascending triangle or a bear flag? Basically, it's all about the breakout direction, with volume speaking for itself.

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ETH_Maxi_Taxi

· 01-09 01:57

Coming back with the same old story? The classic pattern of ascending triangle and bear flag, honestly, it's just about watching the trend, nothing new.

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ShitcoinArbitrageur

· 01-09 01:55

It's the same story again, bullish one moment and bearish the next. Let the trading volume speak, stop with these empty talks.

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staking_gramps

· 01-09 01:51

Hmm, the pattern makes sense, but I feel like the current trading volume is a bit off... This rebound is very fake; I'll only consider buying if there's a real breakout. The bear flag probability is higher, history always plays tricks on us this way. Breaking the support level would be a big problem, don't cry when that happens. I've never dared to heavily load at the support line, I always feel like a trap is coming.

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HalfPositionRunner

· 01-09 01:47

Coming back with this again? Without clear trading volume, technical analysis is all nonsense... Whether it's an ascending triangle or a bear flag, honestly, it's just about the market maker’s mood.

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MetaverseLandlord