Bitcoin / TetherUS
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BTC: Price action is getting tight!

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The price has undergone multiple retests of the lower boundary of the triangle formation, indicating a weakening trend! Considering the upward momentum observed in the DXY, a break below the triangle formation is expected. In such an event, it is anticipated that the price will reach a minimum of 24.8k. However, if the DXY continues its upward momentum and the stock markets experience further declines, it is conceivable that additional downward movement beyond that level may ensue!
Ghi chú
Keep an eye on DXY!
Ghi chú
Yep - It broke down as expected!
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Bearish PatternsbearmarketblackswanBTCBTCBUSDBTCUSDBTCUSDTChart PatternsHarmonic PatternsTrend Analysis

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