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Bitcoin Bearish Flag Has Analysts Looking for Crash Lows

Bitcoin has lost about 13% this month and is on track to test support from the lower end of a so-called “bearish flag” technical pattern. Im...

Bitcoin has lost about 13% this month and is on track to test support from the lower end of a so-called “bearish flag” technical pattern. Immediate support in the pattern for the largest cryptocurrency, which is currently trading around $38,000, lies at $37,582 -- under which the next key level is the lower end of the flag around $36,700. Any break of the flag will bring $26,000 into focus.

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