Bitcoin has the potential to reach a staggering $75,000, and this can be attributed to a triangle formation that is characterized by the consolidation of prices between two converging trend lines. This formation, known as a symmetrical triangle, is commonly seen during an uptrend and indicates that the uptrend is likely to continue. However, when the price breaks above the upper trend line and reaches the maximum distance between the upper and lower trend lines, a correction in price can be expected. Stay updated with the latest technology news by accessing NEWSLINKER.
