BTC Ascending Triangle Compression – Breakout or Fakeout?

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BTC Ascending Triangle Compression – Breakout or Fakeout?Bitcoin / U.S. dollarBITSTAMP:BTCUSDNavira1Price is compressing inside an ascending triangle with rising support and horizontal resistance around the 79K–80K zone. Higher lows show buyers stepping in, but repeated rejections at resistance suggest liquidity building before a decisive move. Bullish Scenario:• Clean 4H close above resistance• Break and hold above the range• Continuation toward 82K–85K zone• Volume expansion confirms breakout Bearish Scenario:• Rejection from resistance again• Loss of rising trendline support• Breakdown below 75K area• Move toward 72K liquidity zone Trade Plan:• Aggressive: trade breakout retest• Conservative: wait for confirmed close + retest• Invalidation: sustained move back inside triangle• Risk management: keep position size small during compression Market Structure:Higher lows + flat resistance = pressure building. The longer price compresses, the stronger the eventual move. This is not financial advice. Always wait for confirmation and manage risk.