Most of the times Rising rectangle at down trend break down, but no-one told us that BTC is in down trend yet, we may have simply correction before another bull run wave. Market rules don't work with crypto market, that's why bearish patterns often break up instead of breaking down.
Simply short-term market analysis. Not an financial advice.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.