We have discovered that a bear flag was made and it broke down, Technical target of that pattern is $7075. I am NOT saying this is going to be a hit for sure but just sharing this analysis which we recently discovered. We might see a retest towards $21500 and then break down.
Another confluence is rising wedge on 4H, Technical target of that is $18,474.
We are...
BTC is making a lower low on daily so we have a chance of a relief rally by making a lower high so based on that we have 2 scenarios. We are halfway to the bear market and second half is on the line.
Scenario 1
BTC will range between $20300 to $23000 for sometime and then break out towards $25k to $28k possibly making a bear flag and goes down towards...