Bitcoin is forming descending triangle pattern with a possible breakdown of the lower support line.
There is the potential to test 200-week moving average at the level of $ 5000-5500.
There is the potential to test 200-week moving average at the level of $ 5000-5500.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.