Bitcoin still in a bear flag pattern?
Sometimes the price just meanders out of a clear pattern and doesn't fall back in as a fake-out, nor does it have any significant increase in volume and continue the move. This just means the lines need to be adjusted because the market is not ready for a breakout yet and needs more time to build buying or selling pressure. In this case the price moved higher out of a clear pattern and just paused. After adjusting the resistance line its clear that its still in a bear flag pattern but with a bit more time for the inevitable breakout.
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