Welcome to this update analysis on Bitcoin! As you can see on the chart, BTC -10.69% is dropping like a rock from the bear flag consolidation pattern. You can see that the breakdown is clearly continuing. My downside target looks like a magnet that's drawing BTC -10.69% directly toward it. With that said, it is not a 100% certainty that the target will be met. However, given the aggressive bearishness in this market, I think a test of the bottom of the downtrend channel (in pink) is highly likely.![]
