Based on historical data, we've observed a pattern preceding Bitcoin halving events: a period of consolidation typically occurs before a significant price movement, which tends to be bullish. Presently, our chart analysis reveals a triangular consolidation pattern. Our expectation is for Bitcoin's price to break out of this triangle formation, with a higher probability of an upward movement. However, we acknowledge the possibility of a downside breakout as well. Stay tuned for further updates.