A quick change in the pattern formation of $BTC
Bitcoin still seems bearish after the dips we have seen during the past few days. Price rejected at 24,500 level.
There is also a possibility of a double top formation currently happening inside the bearish flag itself. If that's the case, BTC could dip further down below 19,000 level again. However, any movement towards the upside 24,000 level could turn this invalid.
There is also a possibility of a double top formation currently happening inside the bearish flag itself. If that's the case, BTC could dip further down below 19,000 level again. However, any movement towards the upside 24,000 level could turn this invalid.
Related publications
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.