Bitcoin Symmetrical Triangle Breakdown Or Breakout Setup

Bitcoin sits inside a symmetrical triangle after making a lower low from its all-time high (~101K). The market now faces a binary outcome: break above for the ATH run, or break below for a deeper correction (~87-90K).

Bias: Slightly bearish tilt given distribution phase possibility and macro risk (CPI tomorrow). If you hold long, reduce risk or lock profits before CPI. If you trade the breakout/breakdown, wait for confirmation + volume.

Key Levels:
• Triangle upper break → target ~125K+
• Triangle lower break → target ~87-90K
• Keep stop-loss or hedge accordingly.

Macro trigger: US CPI release tomorrow; one of the largest risk events for crypto this week. Inflation surprise higher → Fed stays hawkish → risk assets (incl. BTC) under pressure. Inflation surprise lower → possible relief rally but distribution risk stays.

While upside remains possible, the safer assumption is that we’re in a distribution phase. Entry for new long positions should be cautious. Until triangle resolves, keep bet sizes moderate and manage risk.