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Bitcoin Bearish Flag Pattern Says Crash Is Far From Over Despite Crash To $91,000

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Bitcoin Bearish Flag Pattern Says Crash Is Far From Over Despite Crash To $91,000 - NewsBTC

Quick Summary:

If BTC can break above the resistance lines, it could invalidate the bearish flag pattern, signaling a potential reversal to the upside.  Related Reading: Dogecoin Price At $5: Analyzing Previous Trends And Why A 1,500% Rally Is Possible On another note, a market expert known as Mister Crypto’ on X (formerly Twitter) has predicted an upcoming Bitcoin breakout to new levels.

Related Reading: Ethereum Price Guns For A Mid-High Timeframe Reversal Against Bitcoin In Bullish Q1 2025 According to Zwin, Bitcoin is moving within a bearish flag pattern, a technical formation that often signals a continuation of a prior downtrend.

Bearish Flag Pattern Signal Bitcoin Price Crash Pejman Zwin, a TradingView crypto analyst, released a chart analysis predicting a significantly bearish outlook for the Bitcoin price.

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Bitcoin Bearish Flag Pattern Says Crash Is Far From Over Despite Crash To $91,000 - NewsBTC (Picture 1)Bitcoin Bearish Flag Pattern Says Crash Is Far From Over Despite Crash To $91,000 - NewsBTC (Picture 2)

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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-31 @ 21:30:13 (3 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 462 words

Reading Time: 3 minutes read

Sentences: 68 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 24797097

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About NewsBTC

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 8 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 11 hours ago

Coverage Areas: United Kingdom

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Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #102

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