Bitcoin created a double top a few days ago and began making its way down to critical support levels. Its currently constructing a new bear flag which aims to complete the measured move of the double top pattern with a target of $7,520. Of course keep some tight stops as this has been an extremely difficult trading environment.
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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.