FX.co ★ #Bitcoin M15: Bearish Symmetrical Triangle

According to the chart of M15, #Bitcoin formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 18636.26/18866.97 and upper border is 19195.14/18866.97. The pattern width is measured on the chart at -55888 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and #Bitcoin breaches the lower border, the price could continue its move toward 18866.74.