It seems like a falling channel.
The news media and many farsical events are likely to happen. But remember: nobody knows the future.
If this pattern is channel the three arrows in its end represent a moment when the index recovers but they are not necessarily positioned in the precise dates. But if we look at other time period charts we could also see a falling...
We are studying the 1W chart
Bitcoin price is in a rising wedge. It is always more likely that the price continues inside it.
Descending volume
The RSI is inside a falling wedge. But this wedge is getting closer to the end. So it is likely to expect that RSI will move up.
I believe it is likely to expect the price to move sideways in the next days till the end...
