Bitcoin - Big crash is starting! Bear flag is breaking downBitcoin's bear flag is breaking down on the 1h chart! This is a very negative price action, and we can expect a 10% drop in the next few days. What we can also see is a smaller bull flag on the 15m chart, and this flag is breaking down as well as I expected. There are too many bull traps on the bitcoin chart, but I hope you trade it accordingly!
There is not too much support, to be honest with you. I have 3 profit targets, but I really don't want to buy Bitcoin at these levels at all. It's risky and against the main bearish trend since Trump's first day in office. I think we are going to go much lower than 76k, as you probably know from my previous analysis.
This is just a quick update on the 1H chart. Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!