BTC - 4H - continue Downtrend

In the 4H timeframe, we see that the price chart has broken an important trend line, and this will mean a downtrend. On the other hand, we are still in a flag pattern, and this also shows the continuation of the downward trend. Also, if we look at the Elliott wave count, we see that we are at the beginning of a downtrend.

So our personal analysis is that the downward trend of bitcoin continues (in 4H timeframe).

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