BITCOIN more pain ahead bearish flag consolidation target 14000!
After breaking down with heavy volumes, Bitcoin is consolidating in a tight flag pattern. The breakdown of which would take it straight to 14000, this would also be the 5th wave of structure. After that it will be left to seen how it takes support there. I'd advise longs to stay away until there is a proper bullish confirmation above the resistance.
BTCUSDT
BTCUSDT
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.