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BTC/USD- Flagging for a another crash?
Bitcoin
Short
BTC/USD- Flagging for a another crash?
By Bingaz
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Jun 8, 2021
3
Jun 8, 2021
All Major bullish lines now seem lost.
Last ditch effort to maintain support at 32K I believe will fail.
If the flag pattern plays out we will see the correction back to 19500(USD)- potentially further retrace to 12500(USD)
I believe this next correction may coincide with a decoupling of the Alt's to the BTC Price action which in the long run needed to happen.
Probably not a welcome opinion but it's just how I'm seeing the TA.
As always not financial advice,
Just my own thoughts and TA.
DYOR and don't get Rekd.
Bingaz.
Bitcoin (Cryptocurrency)
BTCUSD
Chart Patterns
Technical Indicators
Trend Analysis
Bingaz
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