DISCLAIMER ON. After the CPI news, Bitcoin is clearly forming descending triangle pattern on the daily timeframe. This bearish pattern has not been confirmed until breakout occurs. For more confirmations, wait until breakout and entry after retest.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.