CryptSlayer

Bitcoin looking to cool off

BITSTAMP:BTCUSD   Bitcoin
Bitcoin has had a strong rally but some short term bearish is starting to show up and allow for a good cooling off period.

if this bear flag holds true then we could see a further drop to 4700 at which point the rally could continue.

Set a tight SL in case some crazy whale decides to blow you out of the water.

in any case it would be best to retest the lower range.
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