BitcoinShort
Bear flag appears - Bitcoin likely going lower in the near term
A bear flag has appeared on the 4 hour chart.
This is a bearish formation and suggests prices are going lower in the near term.
7k is the target for the double top. A possible re-test of the lows at 6k if 7k fails.
It seems the correction from the high in December is going to take it's time.
This is a bearish formation and suggests prices are going lower in the near term.
7k is the target for the double top. A possible re-test of the lows at 6k if 7k fails.
It seems the correction from the high in December is going to take it's time.
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.