Bitcoin Hits Bear Flag Top & Gets Rejected at $76K: Rally Over or Push Through? – BTC TA March 17, 2026
Source: TradingView
In the weekly time frame one can see clearly that unless the bear flag is broken to the upside, more downside is probably next. There is room in this bear flag for two more weekly candles, and then the huge major descending trendline comes into play. So if the bulls are going to do something, they have this week, and another two weeks in which to do it.
Out in the macro time frames of the weekly, 2-week, and monthly, the Stochastic RSI looks very positive, with cross-ups from the bottom for all of them. This augurs the future arrival of very strong upside momentum. However, this will not take place until the indicator lines actually cross above the 20.00 level. This does look as though it could happen first in this weekly time frame, but if the $BTC price is rejected from the top of the bear flag, these indicator lines could turn back down.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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