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• UP

The triangle you drew is a continuation trend symmetric triangle, it should break out bullish.
There are many large investors buying the bitcoin surplus, they do not let the price drop below $ 8500, we have been seeing it for a month now, look at the daily volume wicks.
It made me remember, the other day a Hive user asked me what I thought of the Bitcoin Price and I was doing a post about difficulty in Bitcoin and I said:

"We are in a mining war to obtain power. This causes the price to drop, on the other hand we are post halving where profits are halved, the costs at these prices become negative for many teams and all this immersed in a global economy in recession and highly inflationary due to uncontrolled emissions. "

They are positive and negative data that make an upward trend uncertain.