Bitcoin's chart is showing a potential bear flag, and some traders are bracing for a possible dip to $97,000! 💥 If key support levels around $100,000 and the yearly opening near $92,000 don't hold, we might even see a drop as low as $85,000, some analysts warn.
The four-hour chart is flashing a classic bearish pattern. The flag formed after BTC hit nearly $103,100 on May 31, and a break below $104,800 could confirm the downward move. Historically, June has been a mixed bag for Bitcoin. What do you think, is a correction coming? 📢
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