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BTC: Price action is getting tight!

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Bitcoin / TetherUS (BINANCE:BTCUSDT)  
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BINANCE:BTCUSDT   Bitcoin / TetherUS
Trend Analysis Harmonic Patterns Chart Patterns BTC BTCUSD BTCUSDT BTCBUSD Bearish Patterns bearmarket blackswan
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trendanalysis harmonicpatterns chartpattern btc btcusd btcusdt btcbusd bearish bearmarket blackswan
The price has undergone multiple retests of the lower boundary of the triangle formation, indicating a weakening trend! Considering the upward momentum observed in the DXY, a break below the triangle formation is expected. In such an event, it is anticipated that the price will reach a minimum of 24.8k. However, if the DXY continues its upward momentum and the stock markets experience further declines, it is conceivable that additional downward movement beyond that level may ensue!
Comment:
Keep an eye on DXY!
Comment:
Yep - It broke down as expected!
snapshot
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