I have recently made a post about Ascending triangle, upcoming breakout. Now we can see it is confirmed Bitcoin broke to the downside!

What can we expect from this move?

The price target is the purple line that bitcoin almost touched within two days of the move. It is quite possible Bitcoin will be moving downwards to around $26,500 levels before forming another pattern. It is to early to say about the next move neither 4h or 1h chart didn't form any pattern. 

This could also be a fake out and a massive pump to the upside could happen any time! 

Good opportunity to trade? hmmm...Not a financial advise but I'd wait, because Bitcoin is kind in the middle of the move already!

All The Best,

Aventurine!