AMCryptoTrading

Bear flag in play for BTC

BITSTAMP:BTCUSD   Bitcoin
After the local rally on BTC, price hit local supply and got rejected, looking for a retest on 2017 ath, there is a possibility to have a dead cat bounce with no follow through and break the flag towards the 13k to 12k range … here is a fractal showed from the last drop off the prior consolidation.. we are still in a downtrend with a stair pattern (consolidation-drop)

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