Bitcoin / TetherUS
Corto

Bitcoin forms a clear bear flag pattern

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BTC forms a clear bear flag pattern with a confirmed breakout below the lower boundary, signaling potential continuation of the downward move

BTC has clearly formed a bear flag, breaking through the lower boundary. According to the pattern, a downward movement will form

Current price: $110,872

The downward movement according to the pattern could continue to $109,880 and lower...

A rebound to the upper boundary of the pattern, around $114,550, is also likely

More detailed analysis, additional charts, and key levels to watch are available on our site

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