Bitcoin
Short

Bitcoin on 4h looking weak

Bear flag forming, we can see price can’t break 38% retracement from the past move down and can’t break above $30500 crucial level*

Showing a very week price movement of breaks down it could pass through 30k support and retest the $28,600 level.

*The crucial level I’m talking about is the body of a doji candle on a daily timeframe from the past impulse to 31K three months ago. Matching with another 1D TF doji candle right on the same spot.

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