these triangles, flags, diamonds, any other figure in a chart are only to look beautiful, people should frame and sell as art.
But its easy to say BTC is going to the moon again, and its probably whats going to happen, not because of a ETF approval or some other fundamental true, its going to trend up because people believe it will and no one wants to miss the Party.
maybe bitcoin will be able to rise again but in a long time.
because the situation is very not supportive there are still many factors that are not supportive, one of them is many countries that have not legalized bitcoin as a means of payment, and maybe a large country still has not provided more facilities for Bitcoin salespeople.
but we must be sure that in the future businesses will start using bitcoin as their payment tool, and of course it will result in a lot of demand, this can make prices go up.