$BTC Today doesn’t look particularly bullish.

So far, we’ve made multiple lower lows and lower highs and are now in a stage of compression in the form of a descending triangle.

This is typically considered a continuation pattern within a downtrend.

If the support fails to hold and we get a break below the pattern, the technical target sits around 62K, which is the upper boundary of the current main support zone. #BTC Price Analysis# #Macro Insights#