Bear Flag in Bitcoin!!

٢٧ يناير ٢٠٢١

Bitcoin is showing some weakness. We have mentioned before that BTC appears to be in the final phase of the corrective wave. This means we should see some action either way. Additionally, we appear to have a bull wedge pattern forming with a base at the technical level 30.2K. The Kovach OBV has fallen substantially, which suggests that we will see another breakdown. The next level of support is 28.5K. If we manage to break out, watch 31.6K and 33.6K.