3d • Market Updates 📊
Bitcoin Bear Flag Pattern Target Hit
This weekly chart of the total mark cap is extremely Bearish and the measured move on a weekly Bear Flag, puts it right down into the only Buy block on the chart, around $1.83T or 37% lower from here.
We could certainly see a small bounce here before that, but I can't guarantee anything. And if this plays out the alt coins will bleed the most. Hopefully everyone has been following my advice to the risk and start getting out of positions. If you're planning to "HODL" then you could be in for a long recovery.
While it's no fun taking losses... As I have been trying to teach you, it's better than riding it out all the way down, with an unknown 'bottom' price.
For more specific thoughts on what to do now, daily updates via Signal chat, a LIVE weekly class, and members area... Check out my M3 Active Trader group here: www.moonstream.io/M3
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Bitcoin Bear Flag Pattern Target Hit
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