Cointelegraph.com NewsKey takeawaysThe Bitcoin megaphone pattern features at least two higher highs and two lower lows, forming an expanding structure.Connecting these highs and lows with trendlines creates a megaphone-like appearance, reflecting market instability.The formation signals heightened volatility, with price swings becoming more pronounced over time.Depending on the trend direction, the pattern can indicate potential breakouts either upward (bullish) or downward (bearish).The…
Key takeawaysThe Bitcoin megaphone pattern features at least two higher highs and two lower lows, forming an expanding structure.Connecting these highs and lows with trendlines creates a megaphone-like appearance, reflecting market instability.The formation signals heightened volatility, with price swings becoming more pronounced over time.Depending on the trend direction, the pattern can indicate potential breakouts either upward (bullish) or downward (bearish).The…
Leave a Reply