Seen many news about btc "crashing" since it started plummeting down, but in my eyes it's just a downtrend, idk if that's a wrong perspective.
Anyway, was analyzing it still looks bearish to me. The triangle is getting tighter and there are a lot of orders to both sides of it, and I'm assuming it's going to continue with the downward move. I also thought about it being in consolidation for a longer period of time like it was from Nov 2025 to Jan 2026, but it's getting tigher so most probably there's a heavy move coming soon. The first target is the recent low of 60K, and the second target is the zone around 52K, and the next is around 41K but that's too far. Not giving out financial advice here just wanna hear your thoughts about what may happen, looks like this strategy is legit. PB mt5 webtrader has limited drawing features btw, so sorry if looks a bit simple. trading crypto for a while now, but using only technical analysis. I've been told that fundamentals are key, but news just drive the price and it's trajectory is identified through technicals only (imho).
