FX.co ★ #Bitcoin M5: Bearish Symmetrical Triangle

The Bearish Symmetrical Triangle pattern has formed on the #Bitcoin M5 chart. Its lower boundary passes through 84524.29/84595.54, while its upper boundary passes through 84697.02/84595.54. The pattern width is 17273 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If #Bitcoin breaks below the lower boundary, the price could move toward 84595.39.