The above chart from Bitcoin ( BTCUSDT ) put down pattern. This style is often considered a characteristic of . It consists of the upper part which connects the high and the horizontal Connection bottoms converge to form a triangle. If the price action breaks down The It will be preserved.
Currently, Bitcoin ( BTCUSDT ) in the $20,250 range. If the pattern continues, the price of Bitcoin ( BTCUSDT ) could reach the $24,700 support levels, if the trend reverses, the price Bitcoin ( BTCUSDT ) to 17,700 dollars
BTC It has recently seen an increase in In the trend, which may indicate a bottom is reached. The price is currently consolidating between $20,000 and $20,400, which is another good sign of the lower phase of the trend reversal.
According to the current structure of BTC If it crashes resistance, price BTC It could go up to $24.7 thousand.