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The current price is trading around $90k. $BTC A bearish flag pattern has formed. RSI = 40, there is a hidden bullish divergence on the 1-day timeframe.
Support at $80k and $74k. Based on current market metrics, two main scenarios can be identified:
1. Breakout downward from the pattern and test of the local minimum at $80k, double bottom, followed by a rise to resistance $116k (this scenario is marked on the chart with an arrow).
2. Movement within the pattern and a rise to resistance at $116k.
⏺ The scenario of a price decrease to $74k is currently unlikely.