As Bitcoin hovers near the $66,000 mark, i am pointing to a specific pattern on the daily chart, $BTC is currently in a "Flag Formation"—a period of tight consolidation following a sharp move, typically a flag is a trend continuation pattern, because the previous move was a drop from $76,000, the "textbook" expectation is a further move down, the $65,000 level is now the most important number in the world for crypto. If it breaks, i see a "vacuum" down to $60,000. If it holds, i am looking at a massive "Bear Trap".
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