February 21, 2026

BTC broke bearish flag down, price will drop lower soon

BTC broke bearish flag down, price will drop lower soon

BTC broke bearish flag down, price will drop lower soon

BTC broke bearish flag down, price will drop lower soon

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
Michael_Winner


BTC broke bearish flag down, price will drop lower soon

Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in comments, we will try to answer for all, thank you guys.

Last few months we all saw this ascending channel but we all thought that BTC will go up.
But few days ago price broke down ascending channel and it became a bearish flag .
Our precious idea with falling wedge unfortunately invalid.
Current resistance level is 37500 which also coincide with resistance line of channel
Our target will be in support are 30000-28500.
Current support level is around $ 29300
In future I will update idea when situation at least a little will change.

I expect this scenario, so be prepare for next movements.
Thanks for your time, we hope our work is good for you, and you are satisfied, wish you a good day and big profits.

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