A descending triangle in BTC

I’ve heard rumors of the triangle

Fitting BTC chart in any sorts of triangles is kinda trendy today.

First - on wide time frame

Second - on shorter daily chart

Third - even shorter time frame

And what are the news articles saying about this?

• BTC is heavy, a correction may be around the corner
• A short-term scenario where there is a possibility of a bullish breakout and a medium-term scenario where the price is showing a bearish bias
• Wait and trade the break of the triangle when it happens

Social buzz:

• Right now everyone here seems bearish while I'm still very concerned
• Went long based on everyone being so sure and historic upwards in Sept
• We are in a descending triangle but that doesn't mean Bitcoin MUST follow it
• That horse is going to the glue factory soon. I don't think it is going to break up out of its triangle.
• Descending triangle is a meme. If one whale decides to break rank. It’s done.
• 4h Cup n Handle inside a bigger descending triangle on daily. I'm confused on which will play out

Meme of the day: