What Happens in Bitcoin after a Bearish Bear Flag Bitcoin Chart Pattern?

A Bear Flag cryptocurrency setup is a bearish continuation pattern - This is a market signal that shows the current bitcoin trend is taking a break before resuming the current downward direction of the market bitcoin crypto.

If the Bear Flag downward continuation pattern forms it signals that the btcusd crypto market is taking a break before resuming the current downward trend. Bear Flag continuation setup in a crypto downward bitcoin trend is referred to as a falling flag which signals that the bitcoin price is consolidation but keeps moving lower and lower forming a pattern that looks like a falling flag. Bitcoin Traders should pause and wait for a confirmation signal of the Bear Flag cryptocurrency setup before opening a trade transaction based on this bearish continuation chart pattern. Once there is a bitcoin price breakout to the down-side then Bear Flag continuation chart pattern is confirmed & bitcoin prices will then continue to move in direction of the current downward market trend.

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