BTC might be painting a bear flag—don't sleep on that possibility. The price got absolutely smashed at the bearish retest, and the setup is looking increasingly fragile.
Here's what caught my attention though: the technical target for this pattern sits right at my higher timeframe F3L (first three lows) pocket zone—somewhere between 65k and 68k. And honestly? I've been calling out this level since October. The fact that price is potentially targeting exactly where I mapped it months ago doesn't feel like coincidence.
The chart alignment is sharp. If the bear flag completes and breaks down, we're looking at a direct run toward that pocket. Whether it holds or breaks through will be the real test.
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BearEatsAll
· 12-23 03:59
Wait until the fall is enough to buy the dip.
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SilentObserver
· 12-23 00:03
When will the Bear Market come to an end?
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WhaleShadow
· 12-23 00:03
Waiting for a big dump to do Margin Replenishment.
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AllInAlice
· 12-22 23:57
This rebound seems hard to sustain.
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SignatureAnxiety
· 12-22 23:42
This analysis is outrageous, isn't it?
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Degen4Breakfast
· 12-22 23:38
Currently, it is essential to focus on the defensive position.
BTC might be painting a bear flag—don't sleep on that possibility. The price got absolutely smashed at the bearish retest, and the setup is looking increasingly fragile.
Here's what caught my attention though: the technical target for this pattern sits right at my higher timeframe F3L (first three lows) pocket zone—somewhere between 65k and 68k. And honestly? I've been calling out this level since October. The fact that price is potentially targeting exactly where I mapped it months ago doesn't feel like coincidence.
The chart alignment is sharp. If the bear flag completes and breaks down, we're looking at a direct run toward that pocket. Whether it holds or breaks through will be the real test.