BTC: End of the triangle pattern and caution for the weekend
Everyone, I’ve been looking at the BTC 4h chart and we had an important update: the recent correction has invalidated the symmetrical triangle chart pattern we’d been following.
As we know, this pattern usually has a higher probability of breaking upward, but the current move has disproven that technical expectation.
With the weekend approaching, the trend is toward a natural reduction in market liquidity, which can increase volatility and allow this downward move to continue—remembering that this is a probability, not a certainty.
For those looking for new entries or to increase exposure, personally, I would choose a DCA (Dollar Cost Averaging) strategy to mitigate risk in this uncertain scenario.
⚠️ Notice: This post is not investment advice. Always do your own research before making any decision.
#bitcoin #BTC #analisetecnica #BinanceSquare #Criptomoedas
Everyone, I’ve been looking at the BTC 4h chart and we had an important update: the recent correction has invalidated the symmetrical triangle chart pattern we’d been following.
As we know, this pattern usually has a higher probability of breaking upward, but the current move has disproven that technical expectation.
With the weekend approaching, the trend is toward a natural reduction in market liquidity, which can increase volatility and allow this downward move to continue—remembering that this is a probability, not a certainty.
For those looking for new entries or to increase exposure, personally, I would choose a DCA (Dollar Cost Averaging) strategy to mitigate risk in this uncertain scenario.
⚠️ Notice: This post is not investment advice. Always do your own research before making any decision.
#bitcoin #BTC #analisetecnica #BinanceSquare #Criptomoedas
