SviCapital

BTCUSD, Neutral-Bearish Bias

COINBASE:BTCUSD   比特币
The price is consolidating within a bear flag for almost 2 weeks. In most of the cases the bear flag resolution is a new leg down. There is a potential that the buy side may step in to defend the current low transforming the pattern in a double bottom one. That would be a bullish sign. A confirmation of the reversal comes after the current bear flag top is taken out decisively.

05/29/2021

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