Home Latest News Bitcoin (BTC USD) Crypto Price Chart Shows Bearish Flag – Bloomberg

Bitcoin (BTC USD) Crypto Price Chart Shows Bearish Flag – Bloomberg


David Westin speaks with top names in finance about the week’s biggest issues on Wall Street.
Bloomberg Wall Street Week, hosted by David Westin, is a reinvention of the iconic Wall Street Week, which aired on PBS for over 30 years and was hosted by late financial journalist Louis Rukeyser. The one-hour program features market and geopolitical discussions with a rotating panel of influential voices including thought leaders, CEOs, policy makers and economists.
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Bitcoin has lost about 13% this month and is on track to test support from the lower end of a so-called “bearish flag” technical pattern. Immediate support in the pattern for the largest cryptocurrency, which is currently trading around $38,000, lies at $37,582 — under which the next key level is the lower end of the flag around $36,700. Any break of the flag will bring $26,000 into focus. 
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