#Bitcoin Bearish Flag Update
Price rejected perfectly from $89,000 resistance — our short setup played out with a solid -8% move.
Currently trading around key support at $82,000.
Trend Bias: Bearish below $85,700
Next major support: $75,000–$70,000 zone
Structure still favors further downside unless $85.7K is reclaimed.
Price rejected perfectly from $89,000 resistance — our short setup played out with a solid -8% move.
Currently trading around key support at $82,000.
Trend Bias: Bearish below $85,700
Next major support: $75,000–$70,000 zone
Structure still favors further downside unless $85.7K is reclaimed.
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Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
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.