Bitcoin is currently trading around $67,200. It is now testing an important support trendline on the daily timeframe. The price has tested this trendline many times before, so if it breaks down, we may see bearish momentum. Otherwise, if it finds support, we may see a bounce back. Keep an eye on it and stay tuned with us for further updates.
UPDATE: Bitcoin is now trading around $68,900. It is breaking out of the symmetrical triangle on the daily timeframe. So, according to the pattern, we may see bullish momentum after the breakout. The breakout will be confirmed after the daily close, so wait for that. Keep an eye on it and stay tuned with us for further updates.