Bitcoin was entered to current downtrend channel in the June 22 And then formed a symmetrical triangle
But contrary to the expectation , this triangle is a return pattern, Because in the second half it formed another triangle but this time a descending one .
And given the head-and-shoulders pattern formed during the latest bitcoin changes, the lower side of both triangles will definitely be broken.
So, according to my analysis, bitcoin will fall into the $ 8989 price range
After a resistance in the range of $ 8989, this time will be fall to a price range of $ 7173
And after hitting the floor of the descending channel, We will have an uptrend
But contrary to the expectation , this triangle is a return pattern, Because in the second half it formed another triangle but this time a descending one .
And given the head-and-shoulders pattern formed during the latest bitcoin changes, the lower side of both triangles will definitely be broken.
So, according to my analysis, bitcoin will fall into the $ 8989 price range
After a resistance in the range of $ 8989, this time will be fall to a price range of $ 7173
And after hitting the floor of the descending channel, We will have an uptrend