Will_Wortel
Short

Next for Bitcoin: bear flag / support (2)

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Following up my previous idea (below) this is the next one after breaking down the bearish wedge to the support of the big triangle we're in. This big one will end in a big up or big down after BAKKT ( bitcoin futures ) goes live on sept 23th.

Right now we're again in a bearflag so big chance to break down again to that lower support (red line) of big triangle. After a touch we'll see 70% a big bounche from here. If it breaks we'll see 9800 levels soon.

This red line is also a bullish long term trend line (that idea below)

Comment: previous idea

Comment: idea with that red line (multi year support)

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