$BTC is forming a classic bear flag after that sharp drop. The current move up looks like a weak consolidation inside the channel rather than a real reversal.
Price keeps rejecting near the upper trendline, showing sellers are still active. If the lower trendline breaks, it could trigger another strong move down.
DYOR, NFA
https://i.redd.it/5m0uwhmzuzqg1.png
Posted by UniChartz
4 Comments
Holding until 175,000+ then selling it all. Can’t wait
It’s holding up surprisingly well considering the macro noise. The trend is still our friend.
Or pump. You have no clue.
xd