Hello traders, recently the price of bitcoin is squeezing along with a small bearish trend. In the following days or even weeks, we will see a breakout from the descending triangle pattern. In the analysis of today we can appreciate on timeframe 1H that there is an horizontal support level in which the price is most likely going to break through based on the RSI and the down trend.
Have a good day and good trade!
Have a good day and good trade!