Potential bear flag for BTC.

Hello traders.

Bitcoin broke 8600 and went straight down to 7650lvl and bounced here off of old support. What I think bitcoin will do is the following.

I see that bitcoin is forming a bearflag. Bitcoin has old resistance on around 8600. This will be a good short opertunatie to the targets 7640 and keep a some for the second target at around 7250.


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Cheers

Comment:

Bitcoin went to 8600 and came down agian like predicted. Bearflag playing out.


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