🚨The Double Top pattern on Bitcoin’s chart is giving clearer signals
Bitcoin has formed a fairly clear Double Top around $87,000, and BTC has now broken below the $81,000 neckline.
After the breakdown, the price is recovering toward $82,800 to retest the new resistance. This is a key area that will determine whether the bearish structure continues.
Scenarios to watch:
🔸Reclaim $81,000–$82,800 → weakens the bearish pattern
🔸Rejection at $82,800 → confirms selling pressure remains dominant
🔸$75,000 → first downside target
🔸$72,000–$70,000 → deeper target zone
While many are waiting for a V-shaped recovery, Bitcoin still needs to reclaim the structure it lost before an uptrend can be confirmed again.
⚠️ This content is for informational purposes only and is not financial advice.
$BTC $LINK $DOS
Bitcoin has formed a fairly clear Double Top around $87,000, and BTC has now broken below the $81,000 neckline.
After the breakdown, the price is recovering toward $82,800 to retest the new resistance. This is a key area that will determine whether the bearish structure continues.
Scenarios to watch:
🔸Reclaim $81,000–$82,800 → weakens the bearish pattern
🔸Rejection at $82,800 → confirms selling pressure remains dominant
🔸$75,000 → first downside target
🔸$72,000–$70,000 → deeper target zone
While many are waiting for a V-shaped recovery, Bitcoin still needs to reclaim the structure it lost before an uptrend can be confirmed again.
⚠️ This content is for informational purposes only and is not financial advice.
$BTC $LINK $DOS