BTC Bearflag *caution*

15 มี.ค. 2022

Theres a possible Bear flag formed on BTC with a historical support now turned resistance. The S/R line has been important in the past as it was the retest that kicked off the last major bull run and also caused the spring in July when we broke below it. This is a word of caution as most peoe are looking at the pennant that has formed and the FOMO might kick. I would be looking to short at the top of the bear flag. The target is around 23k and it could give us the final wash out to the 200week MA. Let me know what you think in the comments