Bitcoin could form another consolidation pattern

Name: Bitcoin could form another consolidation pattern
Uploaded: 2023-05-08T05:59:12.834532
Channel: julio24albert
Description: It's been a difficult week to trade on the crypto space and we are now seeing the price is forming another possibility of descending triangle. On the higher time frame, the price hasn't broken the bullish structure but still we are open for possibility to test $25200 region first.

Bitcoin / TetherUS (BINANCE:BTCUSDT)

BINANCE:BTCUSDT Bitcoin / TetherUS

Support and Resistance Trend Lines Triangle Bitcoin (Cryptocurrency) altcoins bitcoinprice

supportandresistance trendline triangle bitcoin altcoins bitcoinprice

It's been a difficult week to trade on the crypto space and we are now seeing the price is forming another possibility of descending triangle. On the higher time frame, the price hasn't broken the bullish structure but still we are open for possibility to test $25200 region first.

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