Bitcoin Price Analysis: On May 8th, the Bitcoin price gave a bearish breakdown from the support trendline of a symmetrical triangle pattern. This pattern created a consolidation phase for over three weeks and its end meeting on a bearish note intensifies the underlying selling momentum in the market. Here’s how long the BTC price is threatened to correct under the influence of this pattern.
Bitcoin Price Analysis: Multiple Resistances Put BTC Price Under 10% Downside Risk
coingape.com
10 May 2023 16:03, UTC