The megaphone pattern, also known as a broadening formation, is a technical analysis chart pattern that traders observe in various financial markets, including cryptocurrencies like Bitcoin.

Tesla shares tumbled again Tuesday, putting the EV maker's stock on pace to lose ground for the ninth consecutive week.

AUD/USD and NZD/USD consolidate within the symmetrical broadening wedge, while USD/JPY remains under bearish pressure.

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Key takeawaysThe Bitcoin megaphone pattern features at least two higher highs and two lower lows, forming an expanding ...