FX.co ★ #Bitcoin M15: Bearish Symmetrical Triangle

According to the chart of M15, #Bitcoin formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 62671.05/63736.31 and upper border is 64480.61/63736.31. The pattern width is measured on the chart at -180956 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and #Bitcoin breaches the lower border, the price could continue its move toward 63736.09.