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