$BTC
BTC/USDT trading pair on a 4-hour (4H) timeframe, with a symmetrical triangle pattern drawn using blue lines. Based on technical analysis:
1. Triangle Pattern: The price is consolidating within a narrowing range, forming a triangle pattern, which often precedes a breakout.
2. Breakout Downward: The chart indicates a sharp price drop after breaking below the triangle, reaching around the 99,000 level.
3. Further Movement: The prediction suggests a slight rebound after hitting support, followed by a continuation of the downward move toward approximately 93,000 or lower.
This is a potential analysis, but market conditions can change. Always consider market sentiment and other fundamental factors before making trading decisions