Bitcoin
Short

BITCOIN (BTCUSD): Another Bearish Wave Coming?!

501
snapshot

It appears that history may repeat, and Bitcoin may drop significantly one more time.

The current price action is very similar to the corrective movement
from November to January that occurred after a massive selloff.

The correction happened within a bearish flag pattern, and its support
breakout triggered a strong selling wave.

We see a similar picture with a minor bullish trend within a flag now.
Its support violation may initiate another round of selling
with a highly probable continuation to 55000.

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