Bear flag appears - Bitcoin likely going lower in the near term
A bear flag has appeared on the 4 hour chart.
This is a bearish formation and suggests prices are going lower in the near term.
$7k is the target for the double top. A possible re-test of the lows at $6k if $7k fails.
It seems the correction from the high in December is going to take it's time.
This is a bearish formation and suggests prices are going lower in the near term.
$7k is the target for the double top. A possible re-test of the lows at $6k if $7k fails.
It seems the correction from the high in December is going to take it's time.