Bitcoin (BTC) $76,403.32 0.32%
Ethereum (ETH) $2,447.11 1.28%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 101.603534 3.01%
Chainlink (LINK) $11.39 3.10%
Cardano (ADA) $0.20 3.33%
Litecoin (LTC) $53.93 4.34%
Dash (DASH) $61.05 8.82%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.462231 -2.78%
X-Cash (XCASH) 3.0E-6 0.00%
Dogecoin (DOGE) $0.00 0.00%

Cryptocurrencies: 30050

Markets: 114266

Market Cap: $2,621,293,660,686

24h Vol: $72,657,520,885

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 .

esptco-banner img

Latest News

Silver jumps 4.6% after Fed rate hike, tests $66 support

2026-09-17 18:59:30
Solana captures 79% of ZEC spot DEX volume as zenZEC supply...

2026-09-17 18:50:30
Bitcoin hovers near $76,500 as US stocks rebound, CryptoQuan...

2026-09-17 18:38:30
S&P Global acquires OpenZeppelin to expand smart contract se...

2026-09-17 18:30:30
Ethereum staking hits 35% of supply as price battles to reco...

2026-09-17 18:16:30
FCA issues cease and desist letters to unregistered crypto t...

2026-09-17 18:04:30

Videos

Solana Coin (SOL): Everything You Need to Know
What is an ICO, IEO, STO, IDO? Which one is the Best?
What is TRON (TRX)? EXPLAINED!
CEX vs DEX: Which Type of Crypto Exchange Is Better?

Our Partners

Hashing Ad Space

Inbound Junction

Asimi

Crypto Marketing Agency, FINPR

Chainwire