Bitcoin Double Bear Flag
A lot of you out there are expecting Bitcoin -2.09% to take off. I'm here to tell you that this is the beginning of a huge slide to the downside in the mid-term. Short-term, I also see downside. On my charts I've spotted two bear flags back to back which are known to be continuation patterns. Don't fight the trend, and be weary of trying to jump in on one of these flag patterns just for a few point gains. The downside is much bigger! Wait for a bounce off a key support level like $7800 and $6400.
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Disclaimer: I am not a financial advisor. The articles that I write are for educational purposes only. Do your own research and hold yourself accountable for the investments that you choose to make.
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