Doctor Profit, a widely followed crypto analyst, says bitcoin is forming a “bear flag” pattern. Doctor Profit, a widely followed crypto analyst, said bitcoin is forming a “bear flag” pattern. A breakdown from this pattern could extend bitcoin’s decline, with an initial slide to roughly $54,000–$56,000 and then possibly as low as $40,000–$50,000. Chart pattern interpretations, however, are subjective and can fail. A hawkish Fed. Rising bond yields. Concerns about Strategy (MSTR). Bitcoin BTC $ 6…
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