BitcoinShort
BTC
Daily 15min Report
BTC is in a potential bear flag. It is consolidating after a big move. If the support is broken at 42282 then it is headed to 40K. If it breaks to the upside I would be cautious because it might just be a fake out. If it does breakout a retest must confirm it since we are in a bearish context. I would look for a bearish cross on the indicator.
BTC is in a potential bear flag. It is consolidating after a big move. If the support is broken at 42282 then it is headed to 40K. If it breaks to the upside I would be cautious because it might just be a fake out. If it does breakout a retest must confirm it since we are in a bearish context. I would look for a bearish cross on the indicator.
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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.