🚨 BITCOIN IS LOSING MOMENTUM INSIDE A BEAR FLAG. Price drifted up in a rising channel, got rejected at $66,900 on July 21, and has been fading ever since. That is what bear flags do. They grind up, they look healthy, and then they break the wrong way. Bitcoin is $65,745 and sitting right on the old high at $65,400. Lose that level and the channel floor at $64,300 is next. Lose the channel and we initiate the next leg to the downside.
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