50k isnโt prediction.
#Bitcoin has once again
broken the Daily RSI trendline,
just like it did during the previous bear flag.
But thereโs an important difference:
Last time,
the RSI breakdown happened
together with the flag breakdown.
This time,
the RSI trendline already broke
while price still remains inside the flag.
To me,
that suggests we may still range
inside this structure for a while
before any major downside resumes.
But if #Bitcoin finally loses the flag...
The next major zone
likely sits around 50k.