BTC / USD
Bitcoin's recovery hit a barrier at $ 40.0129 on January 14 and the cost fell again today
The cost action of the last few days has formed a symmetrical triangle, which mainly acts as a continuation boss.
This is how institutional investors pushed the Bitcoin rally to $ 40,000.
However, if the bears sink the cost below the triangle, trading could intensify and the BTC / USD pair may drop to the 50-day easy moving average at $ 25,826.
Lower levels are likely to attract novel buying from traders and that could be in a few days of consolidation where the bulls gradually accumulate prior to starting the next phase of the uptrend.
What do you think will happen?