A quick update on the BTC price action.

A bearish flag is forming, thus, the price is probably on the way down to the corrective Wave 3 zone if the price doesn't breach the $8.4k zone.

Note: Chart interval is 5-min. Possible downward movement in the next hours.

Disclaimer

This is my personal view and I don't claim it to be a professional financial guide. Your decisions are only controlled by you and only you. Listen to what others say, but don’t believe everything that you hear. Research, analyze, and think. In the end, you can only thank yourself for believing in something that is true. Likewise, you can only blame yourself for believing in something that is false.

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