🚨 Bitcoin Update 🚨
Bitcoin is currently forming a bearish flag pattern on the hourly timeframe, following a strong rejection at the $92,000 level. This consolidation suggests a potential continuation to the downside, but we're closely monitoring for a breakout either way. ⬇️
If the price breaks down from the flag, we could see further downside, while a breakout to the upside could challenge previous resistance levels. 📊
Stay alert and keep an eye on the key levels! Let’s see how this plays out. 🔍
Bitcoin is currently forming a bearish flag pattern on the hourly timeframe, following a strong rejection at the $92,000 level. This consolidation suggests a potential continuation to the downside, but we're closely monitoring for a breakout either way. ⬇️
If the price breaks down from the flag, we could see further downside, while a breakout to the upside could challenge previous resistance levels. 📊
Stay alert and keep an eye on the key levels! Let’s see how this plays out. 🔍
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.
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.