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$BTC is starting to show signs of weakness on the higher timeframe.
On the daily chart, price is currently consolidating within a bearish flag formation, a structure that typically appears after a strong downward impulse.
If this pattern plays out as expected, a breakdown from the flag could be approaching in the coming days. A confirmed move below the structure may open the door for a 5–7% downside move, which could present roughly 20%+ potential on short positions.
For now, the key is watching the lower boundary of the flag. A decisive break there would likely trigger the next leg down. 📉