💰$BTC update

Over the weekend, the volatility of the crypto market and #Bitcoin❗ itself dropped quite a bit. We see zero dynamics, which plays into the hands of sellers.

On the chart, the key support level continues to be the ~$67,200 mark. A structure similar to a "squeeze" in the form of a "triangle with a flat bottom" 🕯 is forming above it. Ideally, this pattern should work its way down.

However, on the chart we see that after the completion of the sixth wave inside the pattern there is no breakdown of the lower boundary. A series of "doji" candles are forming on the chart on very low #tradingvolume 📊

There is uncertainty in the market now, but it plays into the bears' hands. The longer the price walks above the support level, the more chances of its breakdown down 📉

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