The bulls or bullish traders of #Bitcoin are aiming for a rally towards US$80,000 in March, with at least three indicators pointing to an increase in bullish momentum. Multiple indicators, including a symmetrical triangle, suggest a prolonged price rally.

A symmetrical triangle forms when the price reaches lower highs and higher lows, compressing into an increasingly narrow range. The next obstacle for BTC is the 50-day EMA near US$74,400. A rejection at that point would weaken the breakout and increase the chances of a pullback towards the 20-day EMA around US$68,700.