FX.co ★ #Bitcoin M5: Bearish Rectangle

According to the chart of M5, #Bitcoin formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 84213.45 – 84213.45 and upper border 84636.40 – 84636.40. In case the lower border is broken, the instrument is likely to follow the downward trend.