Bitcoin (BTCUSD): Important Zone to Watch ₿

Bitcoin violated an important horizontal daily demand zone this week.
The broken structure turned into a supply area.

The price is currently testing the broken structure.
Analyzing the intraday price action, I spotted a bearish flag pattern.

I believe that a further decline will initiate after a breakout of the support of the flag.
4H candle close below that will confirm a violation.

A bearish continuation will be expected then at least to 29000.

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