BITCOIN - Bearish Setup

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BITCOIN - Bearish Setup Bitcoin / TetherUSBINANCE:BTCUSDTBullish_Traders📉 Overall, from a technical point of view, Bitcoin looks bearish. We have a bear flag pattern that will probably form an ABCDE structure, but wave E could also be shorter. In either case, a big drop toward around $50,000 is likely. 👉 The decline could start from the current 72k area, or Bitcoin might touch 78k briefly before starting the new downward move. Either way, my view on Bitcoin is bearish, with a target of $50,000