Technical analysis on the 4-hour chart suggests forming a bearish flag pattern—a continuation pattern that typically indicates a pause before the prevailing downtrend resumes.
If the current bearish flag pattern breaks down, Bitcoin's price could potentially decline to around $70,000. Such projections are based on technical analyses that consider factors like weak support levels and historical price movements.
If the current bearish flag pattern breaks down, Bitcoin's price could potentially decline to around $70,000. Such projections are based on technical analyses that consider factors like weak support levels and historical price movements.
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