Two weeks ago we have seen a high volume bearish candle which broke the descending triangle. The target for this pattern is $5200. However for that to happen BTC has to break critical points at $7200 and the $6200.
Trade closed: target reached:
Finally after this long time BTC reached my very old target. It even went deeper to around $4000. I think this is the dip and a good time to add cryptos to your portfolio.