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BTC diamond pattern in the making ?

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Bitcoin / TetherUS (BINANCE:BTCUSDT)  
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BINANCE:BTCUSDT   Bitcoin / TetherUS
Trend Analysis Chart Patterns Technical Indicators BTC BTCUSDT Bitcoin (Cryptocurrency) Bearish Patterns diamond reversal
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trendanalysis chartpattern indicator btc btcusdt bitcoin bearish diamond reversal
Hi guys,

Just a quick thing I noticed on the BTC chart today. I know it's not a perfect diamond put can put definitely consider it a food for thought given the recent weakness from BTC.

A potential break below the lower boundary of the diamond pattern will drag the price of BTC down to $41,000, which is roughly a 23 percent correction.

Stay safe

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