Bitcoin / TetherUS

๐Ÿ”ฅ Bitcoin In A Short-Term Bear Flag

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Since capitulating a coupe of days ago, BTC has been trading relatively steady. During this period, a bullish channel has been drawn on the chart. Classically, bullish channels in a strong down trend will result in bear flags, which will eventually lead to more bearish price action. See my previous post where I already discuss this possibility.

๐Ÿ”ฅ Bitcoin Dead Cat Bounce & Final Capitulation


For now, I think it's likely that BTC will continue to trade within the pattern. However, I'm afraid that we're going to break out on the bearish side and make a new low in the not so distant future, as per my previous BTC analysis.

For now, enjoy the relative calm in the markets.

๋ฉด์ฑ…์‚ฌํ•ญ

ํ•ด๋‹น ์ •๋ณด์™€ ๊ฒŒ์‹œ๋ฌผ์€ ๊ธˆ์œต, ํˆฌ์ž, ํŠธ๋ ˆ์ด๋”ฉ ๋˜๋Š” ๊ธฐํƒ€ ์œ ํ˜•์˜ ์กฐ์–ธ์ด๋‚˜ ๊ถŒ์žฅ ์‚ฌํ•ญ์œผ๋กœ ๊ฐ„์ฃผ๋˜์ง€ ์•Š์œผ๋ฉฐ, ํŠธ๋ ˆ์ด๋”ฉ๋ทฐ์—์„œ ์ œ๊ณตํ•˜๊ฑฐ๋‚˜ ๋ณด์ฆํ•˜๋Š” ๊ฒƒ์ด ์•„๋‹™๋‹ˆ๋‹ค. ์ž์„ธํ•œ ๋‚ด์šฉ์€ ์ด์šฉ ์•ฝ๊ด€์„ ์ฐธ์กฐํ•˜์„ธ์š”.