Is Bitcoin's "bottom" reached?

Is Bitcoin's "bottom" reached?

Bitcoin Descending Triangle Analysis 🔥

The above chart of Bitcoin ( BTCUSDT ) laid out the descending triangle pattern. This pattern is often regarded as a characteristic of a bearish trend . It is formed by the upper trend line that connects the highs and a horizontal trend line connecting lows converges to form a triangle. If the price action breaches the lower support level , the bearish trend would be sustained.

Currently, Bitcoin ( BTCUSDT ) is in the range of $ 19150. If the pattern continues, the price of Bitcoin ( BTCUSDT ) might reach the support levels of $20000, If the trend reverses, then the price of Bitcoin ( BTCUSDT ) may rise to $18800

Volume Profile View - Good volume has been added at the bottom level

Hope for recovery

Happy Trading