BTCUSD 1D Bearish Flag forming
It looks like there is a bearish flag forming that may break south after testing the 50 EMA and daily trend line close to 10,400. If it breaks the trend line of the ascending wedge and breaks through the level of support and psychological barrier of 10,000 it's next possible level of recovery would be the 100 EMA followed by a weekly pivot point at 8500 . I do not expect it to close past the 200 EMA.
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