Bitcoin Now Testing Key Demand Area Following A Triangle Breakdown
Bitcoin is testing a key demand zone after breaking down from a symmetrical triangle, putting the market at a critical turning point. While buyers may attempt to defend this support and trigger a rebound, a failure to hold could open the door to further downside in the near term.
Bearish Triangle Breakdown Sends Bitcoin Toward Key Liquidity Zone
Minga highlighted that the market has experienced a bearish breakout from a symmetrical triangle pattern, and the price is trending toward the 50%
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