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FX.co ★ BTC analysis for July 09,.2021 - Bear flag pattern in creation and potetential for drop towards $30.200

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Crypto Analysis:::2021-07-09T12:55:27

BTC analysis for July 09,.2021 - Bear flag pattern in creation and potetential for drop towards $30.200

Technical analysis:

BTC analysis for July 09,.2021 - Bear flag pattern in creation and potetential for drop towards $30.200

BTC has been trading sideways at the price of $33.000 but with potential for the downside continuation.

Trading recommendation:

Watch for selling opportunities on the rallies with the downside target at the price of $30.260

Bear flag pattern is in creation, which is another confirmation for the continuation....

Analyst InstaForex
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