BTC correction on the way!

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hello guys! you see the flag pattern BTC has created here, and we got rejected from both 20 and 50 moving averages recently, so if the flag is broken, the first target is the recent low of BTC around 3100 and 3200. if BTC bounce from here, that would be a double bottom formation and a possible long opportunity. If not, the next target is the bottom of the channel that we have around here.


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