Rising wedge / bear flag
Bitcoin looks to be currently forming a rising wedge under the 200EMA which could signal another leg down in BTC price in the coming days.
Validation of a breakdown would be a breakout and retest of the rising wedge to the downside. Target £20,000.
Validation of a breakdown would be a breakout and retest of the rising wedge to the downside. Target £20,000.
Disclaimer
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.