Bitcoin may break support line of triangle and continue to fall
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Today we will look at the price of BTC/USDT.
I draw your attention to the graph where we can see how Bitcoin has formed a symmetrical triangle and is trading inside.
The price is now trading below of resistance line and can continue to decline.
I think price can bounce from resistance line and at first decline to support line.
In my opinion, if price will break support line it can go lower.
So I set two targets, first target at $16900 and second target at $16600.
I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits
Today we will look at the price of BTC/USDT.
I draw your attention to the graph where we can see how Bitcoin has formed a symmetrical triangle and is trading inside.
The price is now trading below of resistance line and can continue to decline.
I think price can bounce from resistance line and at first decline to support line.
In my opinion, if price will break support line it can go lower.
So I set two targets, first target at $16900 and second target at $16600.
I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits