Market Cap: $2,476,634,293,929
24h Vol: $75,321,149,101
Cryptocurrencies: 28611
Markets: 116114
Cryptocurrencies: 28611
Markets: 116114
Market Cap: $2,476,634,293,929     
24h Vol: $75,321,149,101
CoinGape 2022-12-16 14:22:59

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

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 .
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