lienhard

Bear flag appears - Bitcoin likely going lower in the near term

Short
COINBASE:BTCUSD   Bitcoin
A bear flag has appeared on the 4 hour chart.

This is a bearish formation and suggests prices are going lower in the near term.

$7k is the target for the double top. A possible re-test of the lows at $6k if $7k fails.

It seems the correction from the high in December is going to take it's time.

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