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FX.co ★ #Bitcoin M15: Bearish Flag

#Bitcoin M15: Bearish Flag

Bearish FlagThe Bearish Flag pattern has formed on the #Bitcoin M15 chart, signaling a likely continuation of the downtrend. If the price breaks below the pattern low at 78876.09, it is likely to move further downward. The projected move corresponds to the flagpole height of 76972 points.
The M5 and M15 time frames may generate more false entry signals.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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