$BTC potential bear flag break down!
* Was in a down trend
* Has been in a potential bear flag from mid January 2022
* Despite it breaking down from the potential bear flag, there are multiple levels of support before it reaches its measured objective.
* Key level of support being around the 30k mark
* The trend line extending from Jan 24, 2022 may act as a confluence of support with 37.5k (circled area)
* Key areas of support to keep in mind if you're planning on shorting:
* 37.5k
* 34.3k
* 30k
* A break below 30k may send BTC to its measured objective of ~15k.
* Has been in a potential bear flag from mid January 2022
* Despite it breaking down from the potential bear flag, there are multiple levels of support before it reaches its measured objective.
* Key level of support being around the 30k mark
* The trend line extending from Jan 24, 2022 may act as a confluence of support with 37.5k (circled area)
* Key areas of support to keep in mind if you're planning on shorting:
* 37.5k
* 34.3k
* 30k
* A break below 30k may send BTC to its measured objective of ~15k.
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