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Bitcoin

Bitcoin Bear Flag

By Pumptruck2
Updated
Bitcoin seems to be going up in a very steep bearflag. I am keeping an eye on it because if it does follow through it could form a right shoulder and we could see a drop down to around $8000. On the other hand we could break above it and potentialy reach new highs/
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It looks like we retested the bear flag but the daily chart is looking quite bullish now. So ill Short with a really tight stop at 16k

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Starting to see some sellers. If 14K goes we could get out big move down.
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Trade closed manually
Price action is looking very bullish
Bitcoin (Cryptocurrency)Chart PatternsTrend Analysis
Pumptruck2

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