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Bitcoin $BTCUSD Bear Flag

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Bitcoin BTCUSD Bear Flag

📉 What is a Bear Flag? 📉

A bear flag is a technical pattern signaling a continuation of a downtrend. It starts with a steep price drop (the flagpole) followed by a brief consolidation in a parallel channel (the flag). If the price breaks below the flag's support, it often indicates further downside. ⚠️

💡 Key Features:

Flagpole: Sharp price drop.
Flag: Sideways or upward consolidation.
Breakdown: Signals bearish continuation.
Traders watch this pattern to spot potential selling opportunities. 🚨

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