Market Cap: $2,712,814,630,104
24h Vol: $100,696,810,996
Cryptocurrencies: 28943
Markets: 114114
Cryptocurrencies: 28943
Markets: 114114
Market Cap: $2,712,814,630,104     
24h Vol: $100,696,810,996
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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