***Bitcoin started falling in Mid-May of this year and it's been 2 months now that it has been consolidating.***

**So where it is Heading Now?**

**Will it breaks its Nearest Support i.e. 29000?**

Let's See it on Charts:

![Screenshot 20210722 221129.jpg](https://i.imgur.com/tbBUxev.jpg)

![Screenshot 20210722 221129 1.png](https://i.imgur.com/glm4QW2.png)

- There is a major trendline that it is following since May.
- It's Forming Descending Triangle Pattern.
- Which usually according to technicals means Buyers are getting weak and we are able to see a series of higher lows again and again.

- Trend is also a downtrend so the probability is high it may break 29000 in the coming days.

![Screenshot 20210722 221030.jpg](https://i.imgur.com/0e3t34b.jpg)

- So these dotted Lines are the immediate trendline that BTC is currently respecting.

So the time only tells where the BTC will head.

Good-luck Trading!

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