Descending triangle despite pos Onchain

By cryptoonchain
despite the positive Onchain metrics such as a Decrease of bitcoin inflows to exchanges in the last 24 hours, a decrease in exchanges reserve, reduce in CDD, and Dominant long sentiment in the Funding Rate metric, Bitcoin seems to be forming a descending triangle, which is usually associated with a breakdown
Chart Patternsonchainonchain_analysisTriangle
cryptoonchain

Disclaimer