$BTC Title: Bitcoin (BTC): A Bearish Flag Warns of Potential Correction as Momentum Cools
Paragraph: Bitcoin is forming a distinct and concerning bearish flag pattern on its daily chart, signaling a period of consolidation that may be a prelude to a continuation of its recent corrective move. This pattern—characterized by a sharp decline followed by a shallow, upward-sloping channel on relatively low volume—suggests that the brief rally within the flag represents weak buying interest and is likely a pause for distribution before further downside. The formation often reflects a failure to regain key moving averages or prior support-turned-resistance levels, indicating that sellers remain in control. For BTC, this technical warning coincides with potential fundamental headwinds such as slowing spot ETF inflows, macroeconomic uncertainty pressuring risk assets, and a potential retest of deeper support zones. Unless Bitcoin can reclaim decisive momentum with a strong volume breakout above the flag's upper trendline, the pattern projects a measured move downward, potentially testing the $60,000 – $58,000 support region as the market digests recent gains and recalibrates sentiment.$PIPPIN $POWER
