BITCOIN more pain ahead bearish flag consolidation target 14000! para BITSTAMP:BTCUSD por rahul93bhagat — TradingView

Trend Analysis Chart Patterns Wave Analysis Bitcoin (Cryptocurrency) BTCUSD

trendanalysis chartpattern waveanalysis bitcoin btcusd

After breaking down with heavy volumes, Bitcoin is consolidating in a tight flag pattern. The breakdown of which would take it straight to 14000, this would also be the 5th wave of structure. After that it will be left to seen how it takes support there. I'd advise longs to stay away until there is a proper bullish confirmation above the resistance.

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