Bitcoin Price Breakouts Of This Repetitive Bearish Pattern; More Downfall Ahead?

The Bitcoin price shows the formation of an inverted flag pattern in the daily time frame chart. This pattern consists of a sharp downfall, followed by a minor bullish recovery between two trendlines. Moreover, a breakdown from the pattern’s support trendline signals the replenished bearish momentum, which tends to resume the prevailing downfall. Key points: The post Bitcoin Price Breakouts Of This Repetitive Bearish Pattern; More Downfall Ahead? appeared first on CoinGape .