$BTC
🚩 BTC Faces Pressure | Bear Flag Forms Amid Market Weakness 📉🐻
Bitcoin is showing signs of caution as a bear flag emerges on the charts 🚨. After recent gains, the price action has stagnated, forming a tight consolidation that often precedes a downward continuation, keeping traders on alert 🌀🔻.
📊 Technically, the bear flag structure is evident 🚩. BTC is struggling near strong resistance levels, and the flattening of the RSI suggests that momentum is stagnating 🎯📉➖. The bearish crossover of the MACD remains intact 🔄🐻, signaling that sellers still have the advantage. Unless the bulls regain control, this setup favors the bears.