BITCOIN (BTC/USD): Bitcoin's bull flag chart pattern has emerged

 


Here's good news for Bitcoin bulls. The rally seems to be stalling at the trendline resistances ~ 28k, but a bull flag chart pattern has emerged and a breakout could be imminent. Don't celebrate just yet, though. Major resistances, between 30k and 30.9k, are where Bitcoin could face an overwhelming amount of overhead supply.

This note contained herein is not and should not be construed as a recommendation to buy or sell. Click here to view the latest update!


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