Will the Descending Triangle hold or fail? Plot your targets on the chart.
Bearish continuation pattern.
BTC is showing interesting structural developments at $66846.83. Price has moved to $66846.83 (-0.06%) amidst recent volatility. The primary technical feature is a Descending Triangle formation. This setup is supported by average volume turnover. A potential breakout level is identified at $64971.71, targeting $53955.02 with support near $71985.74 (R:R 1.57).
What is your outlook on BTC?