Bitcoin in a bear flag.

2023年7月26日

Bitcoin - 24h expiry - We look to Sell a break of 28788 (stop at 29288)

Our short term bias remains negative.
Posted a bearish Flag formation.
A break of 29000 is needed to confirm the outlook.
A break of the recent low at 28825 should result in a further move lower.
We are trading at overbought extremes.
We look for losses to be extended today.

Our profit targets will be 27588 and 27088

Resistance: 29360 / 29700 / 30000
Support: 28825 / 28000 / 27500

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