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Bingaz
Jun 8, 2021 3:45 AM

BTC/USD- Flagging for a another crash?  Short

Bitcoin / DollarBitfinex

Description


All Major bullish lines now seem lost.

Last ditch effort to maintain support at 32K I believe will fail.

If the flag pattern plays out we will see the correction back to 19500(USD)- potentially further retrace to 12500(USD)

I believe this next correction may coincide with a decoupling of the Alt's to the BTC Price action which in the long run needed to happen.

Probably not a welcome opinion but it's just how I'm seeing the TA.

As always not financial advice,
Just my own thoughts and TA.
DYOR and don't get Rekd.
Bingaz.
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