BITCOIN (BTCUSD): Detailed Technical Outlook ₿
Bitcoin successfully violated a wide horizontal daily demand area.
The broken structure turned into a supply zone.
The market is correcting now.
I spotted a bearish flag pattern on 4H time frame.
Its bearish breakout may initiate the next sell off.
Watch carefully the reaction of the price to its rising support.
Consider shorting after a 4H candle close below with initial target being 22100.
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