The most overlooked scenario on $BTC is a downside breakout from this symmetrical triangle. Price is compressing between rising support and descending resistance, and if support breaks, the measured move projects toward the $60,000 region as the first key support.
A deeper move could extend toward the major level at $52,000, which would be the final take-profit zone for shorts.
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The most overlooked scenario on $BTC is a downside breakout from this symmetrical triangle. Price is compressing between rising support and descending resistance, and if support breaks, the measured move projects toward the $60,000 region as the first key support.
A deeper move could extend toward the major level at $52,000, which would be the final take-profit zone for shorts.