The Bitcoin price is currently falling from 71k to about 66k at the moment. Quite a painful day.
If we look at the daily chart we can see a symmetrical triangle evolving, which is a neutral chart formation. Good news is that we haven’t broken out downwards yet. So there is still a chance we will make new ATHs soon. On the other hand the market is still heated with Fear & Greed score at 75 of 100 points and a further cooldown wouldn’t be a bad thing.
What is your expectation over the weekend? Up or down?