Bitcoin forms a double top pattern, overall trend down, target 5
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Bitcoin forms a double top pattern, overall trend down, target 59K!
Bitcoin recently completed a double top pattern near 66,500.
The initial price reaction has been positive, increasing the likelihood of a bearish movement beginning. This conciliatory pattern adds more weight to the bearish scenario we are considering.
However, from a different perspective, Bitcoin has been undergoing significant ups and downs. When we look at past movements, Bitcoin is currently in a similar zone.
I am looking for opportunities to take profits near strong areas
Bitcoin recently completed a double top pattern near 66,500.
The initial price reaction has been positive, increasing the likelihood of a bearish movement beginning. This conciliatory pattern adds more weight to the bearish scenario we are considering.
However, from a different perspective, Bitcoin has been undergoing significant ups and downs. When we look at past movements, Bitcoin is currently in a similar zone.
I am looking for opportunities to take profits near strong areas
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