BITCOIN (BTCUSD): Bearish Outlook Explained ₿

٢٠ ديسمبر ٢٠٢٢

At the end of November, Bitcoin started a correctional movement within a bearish flag pattern on a daily.
Reaching a historical resistance, the price was rejected heavily, the market dropped and broke a support line of a flag.

I think that the market may go lower.
Next supports 16100 / 15750

For entries, consider an occasional retest of the support of the flag.


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