Bitcoin
Short

BTCUSD TA time! Short term analysis.

By bonic
Looks like BTCUSD has formed a bear flag. Big chance of breaking bearish pretty soon in short term. Prepare yourself this a big drop, when this happens all crypto goes down. Next bottom incoming pretty soon. If price get rejected by bulls at support then the other possible trend trajectory is a real possibility. Regardless that this is a bear flag, does not mean it will 100% breaks bearish. Chance pretty high though. More like 65%-70%.

Good luck guys, may be the trend gods be with you.
Bitcoin (Cryptocurrency)CryptocurrencyTechnical IndicatorsTrend Analysis
bonic

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