Start the downtrend with the failure of the triangle pattern
After the triangle broke down, which happened suddenly, we did not expect it to break the day before, and we expected it to stay inside the triangle for at least another two days. But with the triangle breaking down, it can be said that it is likely that the downtrend will continue to the bottom of the channel at around 50,000.
Interestingly, when Bitcoin broke the triangle trend, it looked to one side like a football poet and passed to the other, and if the signs indicated that the rise and break of the upward triangle was the most likely Bitcoin trend. Suddenly, everything fell apart and the price dropped.
Whales or money changers or the collective emotional wave of small traders
what is your opinion?
After the triangle broke down, which happened suddenly, we did not expect it to break the day before, and we expected it to stay inside the triangle for at least another two days. But with the triangle breaking down, it can be said that it is likely that the downtrend will continue to the bottom of the channel at around 50,000.
Interestingly, when Bitcoin broke the triangle trend, it looked to one side like a football poet and passed to the other, and if the signs indicated that the rise and break of the upward triangle was the most likely Bitcoin trend. Suddenly, everything fell apart and the price dropped.
Whales or money changers or the collective emotional wave of small traders
what is your opinion?