#BTC Bitcoin has broken the symmetrical triangle in a downw | vvipcrypto SL P2P DEALER on Binance Square

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Bearish

#BTC
Bitcoin has broken the symmetrical triangle in a downward direction. We might witness a move towards the support area now.
#vvipcrypto $BTC

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Bitcoin has rebounded from its support level and is now testing its resistance level. The price is currently trading within a range, and there has been no significant movement in either direction. It is recommended to have stop losses in all open positions.$BTC #vvipcrypto

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Bitcoin is currently trading within a symmetric triangle pattern. If the triangle breaks down, the price may fall to the $37,500-$38,500 support area. Conversely, if it breaks out, the price may head towards $45,000 resistance level. #vvipcrypto #btc #BinanceTournament #BTC $BTC

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On lower time frames, Bitcoin is forming a symmetric triangle. The next move will be decided by the break of this triangle. The support of the pattern is $41,500 and resistance is in the $42,800 - $43,000 range. #vvipcrypto #BTC #BinanceTournament $BTC

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The market remains stagnant and Bitcoin is not experiencing any significant changes. The bears are exerting pressure to pull down the price below the $40,000 level. It is possible that the market will undergo a correction, therefore it is advisable to use tight stop-loss measures for all open positions. $BTC #vvipcrypto

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