BTC shall be bearish (Slight bullish chance as well)

27 May 2022

Bitcoin is in a Descending Triangle and We can Safely Say that you should Expect a Bearish movement pretty soon. So Right now the Price is Still in the Triangle but we can Expect the Bearish Break out to Happen soon. So if the bearish Break out Happens, the Price will reach 27000$ and That is a great support Point For BTC. The Price has a Little Chance to do a Bullish Break out From there and That it would reach the Top of the Triangle which the Expected Price in that Scenario is around 31700. Anyway we shall wait a few days for determination.


-BTC is in a Descending Triangle
-Bearish break out is more likely to happen
-Target: 27k!
-Bullish Chance is Still there!
-In Bullish case: 31700$
-Determination in few days

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Thank you for seeing idea .
Have a nice day and Good luck