BTC in bear flag. To 18K?

٣ نوفمبر ٢٠٢٢

Hi traders. Let me post my idea after a long time :) BTC is in the downtrend channel of 2022. It has formed three consecutive bear flags and BROKE the channel upwards! But is now forming descending triangle pattern, which is a bearish pattern. We could easily retest the 2022 channel at app. 18K $. Also, RSI is relatively high and it looks like it will plummet. SEC news yesterday is also not helping.
I think BTC has a very big possibility of such a move.

Caution is needed :)
Good luck!!