Bitcoin Triangle Breakouts Point to Potential Downtrend on Rate Hike or Geopolitical Tensions

Analyzing numerous triangles on Bitcoin and observing their breakouts reveals that, in most cases, the breakout occurs at the end of the triangle, particularly when the long leg and hypotenuse narrow. Currently, a downward breakout might only happen if the Federal Reserve raises interest rates or if the United States becomes embroiled in conflict on the global stage.