After failing to rebound from the downside border of a Triangle pattern and breaking it, BTC/USD has tested it once again; right now, it is trading close to $31,000. If we measure the distance equal to the pattern’s height from the breakpoint, then the downside target may be at $22,000. That’s why if the price fixes below $30,000, it may continue falling within the frameworks of the pattern materialization.

In the daily chart, the RSI is once again “sticking” to the support line,…

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