Bitcoin
Singkat

BTC in triangle formation, likely a price drop soon

101
Hey traders,

- As you can see, the price recovery from March 11 to March 18 ( blue line ) has experienced a challenging rally, taking significantly longer than expected and still failing to fully recoup the losses from the price drop between March 9 and 11 ( purple line ).

- During this period, there were minor rallies, but the bears consistently clawed back most of the gains.

- Once the price breaks out of this triangle formation (white), I believe there's a strong likelihood that the bears will grow even more confident.

Penafian

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