Bitcoin ran up to the weekly descending trendline without a pullback.
What goes up must come down and after a 10%+ pullback, this 4hr chart looks to be forming a nice bear flag.
Entry: $8850
Stop: $9200
Take Profit: $7500
BTCUSD
What goes up must come down and after a 10%+ pullback, this 4hr chart looks to be forming a nice bear flag.
Entry: $8850
Stop: $9200
Take Profit: $7500
BTCUSD
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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.