#bitcoin #Binance #$BTC

💰BTC

The price of the Bitcoin showed negative dynamics. However, the bulls have already managed to win it back upwards.

The previous "squeeze" structure finally broke. Now the price has gone sideways between the levels at ~$67,200 and ~$71,400.

The main support here is the ~$67,200 mark. Above it, we see the formation of another bearish "squeeze" structure, this time in the form of a "triangle with a flat bottom" pattern 🐻. However, it has no additional confirmations. The upper boundary lies on more than one trendline.

Also from my experience, I can say that this pattern in a similar situation is broken sideways or up 📈