The Bitcoin price is precariously moving along the bottom of its 4-month bear flag. A crash looks likely. Can anything still save the day, or are we about to witness the last bottoming stage of this Bitcoin bear market?
Small bear flag breaks down
Source: TradingView
The 4-hour time frame reveals just how perilous the situation is for the $BTC price right now. After reaching the bottom of the 4-month long bear flag towards the end of last week, the price then went into a consolidation phase that took the form of another small bear flag. As can be seen in the chart, that tiny bear flag has just broken to the downside, with the resulting breaking candle coming directly down to a convergence of the bottom of the big bear flag and the $77,760 horizontal support level. The new 4-hour candle has just opened below the bear flag bottom, but is holding the support level so far. It appears the $BTC price has arrived at a do-or-die point for the bulls and the bears.
100-day SMA s
We współpracy z: https://cryptodaily.co.uk/2026/06/bitcoin-about-to-drop-can-anything-save-it-now
