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#Bitcoin
The chart looks very bad.
Friends, the constantly forming inverted flag patterns on the daily around $BTC draw attention, and the price continues to be pushed downward by these formations.
📌 If the flag pattern breaks down and completes below,
the 52.3K Elliott ABC correction level could become a target.
📌 To break free from this negative outlook:
• First, the inverted flag structure must be broken
• Then, the blue downtrend must be broken.
We should not forget this either;
In this war environment, while silver and global markets are declining, #BTC has still held up well.
So, what do you think will happen?
📈 When everyone has lost hope,
will BTC make another reversal and rise?
📉 Or are we, this time, entering a period that we won't be able to recover from?