Bitcoin BEARISH FLAG PLAYED OUT PERFECTLY - $200K Still Possible?

$BTC BEARISH FLAG PLAYED OUT PERFECTLY - $200K Still Possible?

Bearish flag breakdown from $88K-$90K zone played out perfectly, Target achieved with a -30% move down to $59,800.

Current Structure: Price consolidating in $65K-$71K range → No Trade Zone.

Key Levels to Watch:
▸ Upside: Expecting a relief bounce toward $80K Bearish Order Block → high probability rejection zone before next leg down.
▸ Downside: $60K acting as strong support. Break below invalidates the bounce thesis → opens path to $50K and potentially $40K.

Long-Term Outlook:
For spot/long-term players, accumulating at these levels isn't unreasonable with macro targets of $200K-$500K still intact.

Trade with confirmations. Manage your risk. No overleveraging.
NFA | DYOR