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BULL FLAG VS BEAR FLAG, IS BITCOIN GONNA BACK TO SUB 6K???

BITSTAMP:BTCUSD   Bitcoin
Hello guys, quick analysis again..

Bull flag and bear flag pattern, flat channel on weekly will give you a clear sign, now bitcoin is on a bear flag or a flat channel that will invalidate if it goes up and make a higher high more than 8513. But this pattern will continue to make bitcoin down to around 5800-6000 if it break the lower channel at 7714.

Better to wait until clear movement showing up.


Thank you..






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