thecoffeeshoptrader

Bitcoin sets to drop to $12,000 - $14,000 range if Breakout

Short
COINBASE:BTCUSD   Bitcoin
Here's something interesting about Bitcoin.

There seems to be a bearish flag forming, and if it breaks through the flag we can expect a further selling off for Bitcoin.

First support seen at about $20k.

If there is panic selling, then no doubt a $12k to $14k is likely.

However, will Bitcoin fall that much? Remains to be seen.

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