BTC forming bear flag

24 Apr 2023

The price of Bitcoin is showing signs of forming a bearish flag pattern, which could indicate a potential price decline in the near future. A flag pattern is a technical analysis chart pattern that looks like a flag, formed by two parallel trend lines, where the flagpole is formed by an initial sharp move in price, whilst the flag is formed by a consolidation or a sideways movement in price following the initial price move. so we can expect correction till 25300 or 24300.
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