As you can see in the image above, btc has formed a bearish flag pattern in the daily time frame, which is marked by yellow dashed lines, and the candlesticks have been able to break it and bounce back, and if the candlesticks can, the powerful support level of 19,000 If they break down and stabilize, they will go down to the level of 15400 by the size of the flagpole, that is, 25%.
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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.