Confirmation to the upside is a clear break of the and the 61.8% Fibs.
A break down from flag trendline would indicate this last rally was a dead cats bounce and we will move lower. Only time will tell now where we will be headed.
Based off of the indicators BTC is actually recovering and this is a . It wont be long from now that BTC will break out fo the flag, but we must be very careful, its a risky trade.