Break down $BTC 💰
🗣Once again the market is showing us negativity, today the news about the sale of bitcoins by the #Germangovernment was rolled out, thus we saw a swing in the market, and at the moment the market continues its certainty, but I have two options for further developments:
1️⃣First option. We make a breakdown of the upper boundary of the triangle and on its retest we start a strong markup of the asset, this option would be more logical in this situation, as there are many assumptions that this week we will see growth throughout the market.
2️⃣Second option. We make a breakdown of the lower boundary of the triangle, and after overlapping the trend line, we move further up, as many will start to think about the beginning of a bear market, this is a less likely #Scenario , but it has its place.
❕In any case, in the near future, I am waiting for the beginning of growth in the whole market, as there are many preconditions for what we will see exactly in the growth, firstly, it is increased purchases of whales on ethereum and bitcoin, secondly, there is news about the adoption of spot #ETFEthereum , which will give a very strong boost to the market, these facts can be waiting for the denouement in the long market.
