We are currently still in the triangle range but in this scenario I painted what I expect to happen when it breaks downwards.
If it breaks down I expect $BTCUSD to find support at the $8000 level.
But if that doesn't hold we free-fall to $6800 and test the green and red support lines. I don't think (and hope) it will go any lower than that.
If it breaks down I expect $BTCUSD to find support at the $8000 level.
But if that doesn't hold we free-fall to $6800 and test the green and red support lines. I don't think (and hope) it will go any lower than that.