Analysis:
Bitcoin has dropped following a delay in the interest rate cut but remains hopeful. The chart shows a bullish triangular pattern forming. Expect a potential 20-30% downside breakout before it takes a strong upward trend. Keep an eye on this setup!Price Targets:Downside could hit around $49,000 to $50,000. After the breakout, target strong upward moves to $61,500 and even $73,467.
