Bear Flag. We're going down for the mid-term.

There is a huge bear flag forming on BTC:USD along with Stoch RSI that is oversold on multiple time-frames. As soon as we break out of this channel I would expect a sharp correction downwards in price. Overall, I'm bearish on BTC mid-term but bullish in the long-term. There will be a bullish reversal eventually but the time is not now.