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Rotuma

Bear Flag - A potential bull trap

Bitcoin (BITMEX:XBT)  
Rotuma  
BITMEX:XBT   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTCUSD Technical Analysis Cryptocurrency
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trendanalysis chartpattern indicator btcusd technicalanalysis cryptocurrency


What do BTC/USD and Nasdaq Composite price charts have in common? A bear flag. The current price structure in the four-hour time frame points to further moves to the downside if BTC fails to hold above 17894. BTC/USD could head back down to 16000 and 15696 if it falls and remain below 16430
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