Bitcoin Bearish Flag is Developing
Bearish flag developing. Doesn't look like we're out of the woods yet with this long term drop. IF this pattern completes, we're looking at $6-7K.
Note
Correction, looks like we'll stop at 6K. Also, looks like we broke out of the bearish flag.Note
6.8K seems to the Target #1. Lowest would be 6K (Target #2). Reason for this change is that the pattern could also be a bearish ascending wedge.Note
We've reached Target #1. Play at your own risk going lower! #DYORTrade closed: target reached
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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.