#BTCUSDT | Bear Flag in Play – Patience for the Next Move ⚠️📉
$BTC is currently tracing a bear flag pattern on the daily chart after a strong impulsive decline. This consolidation is typical of a corrective rally before potential continuation.
Key Structure & Levels:
▪️ Pattern: Daily Bear Flag
▪️ Short-term Expectation: Relief rally toward ~$98,000** (flag resistance + key MAs)
▪️ **Breakdown Target:** Measured move points toward **~$60,000 (major historical demand zone)
▪️ Invalidation: Strong daily close above flag resistanceTrading View:
The bias remains bearish while price holds below the flag. A rejection near $98K could offer a high-probability continuation setup toward lower targets.
No need to chase the consolidation—wait forconfirmation.https://www.binance.info/en/register?ref=1016374823
Always do your own research and manage risk. Trade setups are probabilities, not certainties.
#Bitcoin #Crypto #TradingSetup #TechnicalAnalysis #BearFlag
$BTC
