💰#BITCOIN UPDATE
Forming a descending triangle in 4hr time frame and currently trading around the lower trendline. It needs to hold and bounce from here. Once it breaks and close above the triangle ($61k level), then we can expect a 15-20% upside movement.
On the other hand, if it breaks down the triangle and break below the support of $56.8k level then expecting another dip upto $50-$51k level.
