๐ฅ Bitcoin On The Verge Of Breaking Bearish
After seeing a period of moderate gains, BTC has taking a nose-dive in the last couple of days, erasing two weeks of bullish price action in the process.
In case BTC will fall through the support line, I'm expecting that the current pattern will end up as a bear flag, a signal for more bearish continuation. Tomorrow needs to be green in order to give traders some hope for a more bullish week to come. Keep a close eye on this trend line, since it can very well dictate next week's price action.
Happy trading!
In case BTC will fall through the support line, I'm expecting that the current pattern will end up as a bear flag, a signal for more bearish continuation. Tomorrow needs to be green in order to give traders some hope for a more bullish week to come. Keep a close eye on this trend line, since it can very well dictate next week's price action.
Happy trading!
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