BTC: FORMING BEAR FLAG IN LTF!!

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Welcome to this quick BTC update.

BTC is not looking good in LTF. It is forming a bear flag in 1hr time frame which is a bearish pattern. Price is still inside the flag. Once it breaks down the flag we got more confirmation of a downside move. If BTC breaks down this bear flag then the possible target is $15.8k-$16k

Invalidation:- Any hourly candle close above $17k

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