Bitcoin 'Bear Flag,' Crypto Options Market Hint at Downside Risk

A breakdown – likely if the price finishes below the lower end of the flag at the end of a trading date – would imply that the broader downtrend is resuming. Below that, key support is seen at the psychological level of $15,000 and the June 2019 high of $13,880. A retest of the recent low of $17,601 is likely to open the doors for a retest, opening the doors to a retesting of the recently low. Below $15k is key support for $15K and $13k is seen in June 2019 and $14k is expected to stay below that level in the next two months. Back to Mail Online home to buy a copy of the US$1,000 Source