BTC rice action has been consolidating in a tight channel it what looks like a bearish flag upwards.
It has been known to breakout bullishly from patterns similar to this, however given weak economic factors and poor investor sentiment, I believe there is a much better chance for the bearish outcome here.
It has been known to breakout bullishly from patterns similar to this, however given weak economic factors and poor investor sentiment, I believe there is a much better chance for the bearish outcome here.
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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.