Related to my previous Bitcoin👇🏽 I expect this bearish momentum to be Bull Flag and yes this is what exactly happened. This Bear leg was just correction of our bullish impulsive leg. ( Falling Wedge = Bull Flag ) If you want more confirmation for bullish momentum, wait until bulls consolidate above 20 and 50 Moving Averages. So our first obstacle ( Dynamic Resistance ) now passed. Wait for BTC reaction to long term dynamic resistance. Remember that we are still in bearish momentum. If long term resistance got broken I expect $62,980 to be touched.
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