BTCUSD is situated into a bearflag which means probably will be another breakdown with a target of 3449$. This bearflag can be in play at the moment because this is a standard setup: MACD and RSI are going up when price remain stable or decreasing and stochastic is overbought.
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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.