Bitcoin Falling Triangle: Breakdown or Just Compression?
$BTC is trading inside a falling triangle — lower highs pressing against stable support. That usually signals pressure building, but not direction confirmed. Here’s what matters 👇 Liquidity stacks above local highs. Price can sweep upward, trap breakout longs, then rotate lower if demand fails. That move is a liquidity grab — not automatic trend strength. A move toward $58K only becomes valid if support breaks and holds below. Until then, it’s just compression. What to watch: • Acceleration on breakdown • Weak rebounds • Rising volume on downside Triangles compress before expansion — direction comes from confirmation, not prediction. Patience > anticipation. 📊
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Bitcoin Falling Triangle: Breakdown or Just Compression?
$BTC is trading inside a falling triangle — lower highs pressing against stable support. That usually signals pressure building, but not direction confirmed.
Here’s what matters 👇
Liquidity stacks above local highs. Price can sweep upward, trap breakout longs, then rotate lower if demand fails. That move is a liquidity grab — not automatic trend strength.
A move toward $58K only becomes valid if support breaks and holds below. Until then, it’s just compression.
What to watch:
• Acceleration on breakdown
• Weak rebounds
• Rising volume on downside
Triangles compress before expansion — direction comes from confirmation, not prediction.
Patience > anticipation. 📊