Bitcoin’s price is down 6.5% in two days, and validating a bear flag puts the BTC price at risk of a deeper correction.
Bitcoin (BTC) price has declined by more than 6.5% over the last two days after rallying to $88,000 at the beginning of the week.
Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin dropped from a high of $87,500 on March 28 to an intra-day low of $81,900 on March 29.
BTC/USD daily chart. Source: Cointelegraph/TradingView
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