BTC in Bearish Flag!!! Are we going deeper?
2024-10-04

Hey traders!

Short term update for Bitcoin. 

So we have here:
1) Bearish flag on 1H timeframe
2) Descending volumes 
3) Divergence from the BTC direction and volumes

For me, we can go to the next Fib level, which is 0,618 and it's an important one. After we could see the reaction and try to understand what can be next. 

What's your thoughts?