Bitcoin sets to drop to $12,000 - $14,000 range if Breakout

Here's something interesting about Bitcoin.

There seems to be a bearish flag forming, and if it breaks through the flag we can expect a further selling off for Bitcoin.

First support seen at about 20k.

If there is panic selling, then no doubt a 12K to 14K is likely.

However, will Bitcoin fall that much? Remains to be seen.