FX.co ★ #Bitcoin M5: Bearish Symmetrical Triangle

The Bearish Symmetrical Triangle pattern has formed on the #Bitcoin M5 chart. Its lower boundary passes through 79646.48/80097.93, while its upper boundary passes through 80629.25/80097.93. The pattern width is 98277 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If #Bitcoin breaks below the lower boundary, the price could move toward 80097.78.