FX.co ★ #Bitcoin M5: Bearish Symmetrical Triangle

The Bearish Symmetrical Triangle pattern has formed on the #Bitcoin M5 chart. Its lower boundary passes through 82670.11/82850.83, while its upper boundary passes through 82985.10/82850.83. The pattern width is 31499 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If #Bitcoin breaks below the lower boundary, the price could move toward 82850.68.