Since hitting a new low at around $59,100, the $BTC price has been trading sideways and slightly upward – the typical trajectory of a bear flag. This could mean some relief in the short term, but if the bear flag plays out, stand by for another leg down to what could be a sub-$50K Bitcoin.
Bear flag rally back to $66K?
Source: TradingView
The 4-hour time frame reveals that the $BTC price is battling to get above a combination of the $62,800 horizontal resistance and the 50 SMA. If the bulls are successful, some more resistance needs to be overcome at $64K and then the path should be open to the major resistance at $66K, which could coincide with the top of this potential bear flag.
If the market turns down from here, the combination of the bull market trendline and the $60K horizontal level should provide plenty of support.
Eventual test of the bear market trendline
Source: TradingView
Saying that a chart looks crystal clear, as far as where the price is going next, is n
We współpracy z: https://cryptodaily.co.uk/2026/06/bitcoin-temporary-relief-as-bears-take-a-breather-next-leg-down-loading
