It's hard to believe this room could happen to Bitcoin
But...
The market has proven to us that nothing is impossible and in the best of circumstances we can see big declines
At the moment, what is clear on the chart is the flag pattern. In addition, the price could not reach above the EMA50, and we are witnessing a daily weakening trend.(Weaken RSI,EMA20,50,vol)
All this can cause a heavy drop in the market
BUT...
All this happens when the price closes below 39500_39000 in a weekly time
In this case, the pattern of the flag is stabilized and we can wait for the price to fall to 20555
So keep an eye on the weekly and daily time
But...
The market has proven to us that nothing is impossible and in the best of circumstances we can see big declines
At the moment, what is clear on the chart is the flag pattern. In addition, the price could not reach above the EMA50, and we are witnessing a daily weakening trend.(Weaken RSI,EMA20,50,vol)
All this can cause a heavy drop in the market
BUT...
All this happens when the price closes below 39500_39000 in a weekly time
In this case, the pattern of the flag is stabilized and we can wait for the price to fall to 20555
So keep an eye on the weekly and daily time
