Bitcoin - Bear Flag, below Megaphone

A bear flag is a continuation pattern, which means a move down would be the expected outcome.

If such a move down did occur, $74k-77k would be the likeliest bottom, imo. I would not expect lower than that.

▶️ I would also expect a powerful rebound if such a level is reached. ◀️

Such a rally would be overdue as BTC would be extremely oversold at that point.

I'm not saying I like what I see, but I think it's what we're looking at. I hope it doesn't play out like that and we get a continued move upward instead and that we're already in the middle of the relief rally. Anything is possible. No TA is absolute.

Pouring some out for my homies. Good luck to us all.

$BTC