Bitcoin is currently forming a classic Bearish Flag pattern on the higher timeframe after a strong impulsive sell-off. This structure often signals trend continuation, and price action is now approaching a critical decision zone.
BTCUSDTđ Strong impulse move down (flagpole) confirms bearish momentum
đłïž Bearish flag consolidation forming inside rising channel
â Rejection near flag resistance increases breakdown probability
đ» Breakdown could open the door toward:
đ Fundamental Perspective
1.Bitcoin sentiment is currently pressured by:
2.Profit-taking at higher levels after extended bullish runs
3.Macro uncertainty & risk-off sentiment across global markets
4.Interest rate expectations and USD strength impacting crypto flows
5.Reduced short-term liquidity entering the market
đ°Take Profit (TP): At the Key Zone â major support area identified ahead.
đStop Loss (SL): Above the pattern structure / recent swing high.
â Psychological Discipline:
1ïžâŁStick to plan â No Revenge Trades.
2ïžâŁAccept losing trades as part of the strategy.
3ïžâŁRisk only 1â2% of your account balance per trade.
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â ïž Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Forex trading involves high risk. Trade only with capital you can afford to lose and always do your own research.
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