Symmetrical Triangle Formation on BTCUSDT with ETF News

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BTCUSDT has formed a symmetrical triangle pattern on the one hour chart, indicating a period of consolidation and indecision between buyers and sellers. The price is still within the triangle, and no breakout has occurred yet.

In addition, there is some ETF news coming these days that might create the breakout.

I am waiting for a clear and decisive breakout on a high volume before entering the market. This is a high-risk, high-reward trade, so please do your own research and use proper risk management. Happy trading!

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