VIP MARKET UPDATE: $BTC
BTC is consolidating in a bear flag as we have seen previously BTC is continuously forming bear flags and bear pennants after that we are seeing drops in the price of BTC.
So now as we are in the final bearish wave and is mostly in the form of falling wedge and it also create a strong bullish divergence with it.
We can expect a last leg down and the target of the bear flag is targeting approximately around $10K. Invalidation point for the confirmation of bullish trend is a move above the bear flag around $23.5K zone, which will confirm a bull run and the end of corrective waves.
- Binance Killers
