blockchaintrends

BTC descending triangle LTF ?

Short
BYBIT:BTCUSD   None
Bitcoin hodl above support 8250. RSI bellow 50 points, MACD bellow zero line. BTC closed bellow EMA 21,50,100,200 Strong downtrend. Possible next support 7435. Bearish volume increase. Together look really bearish. Bitcoin drawing descending triangle bearish pattern at 4h TF.

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