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BTC Forming a Double Top Pattern on the 1-Day Chart
BTC Now Trading Around 69800$.
On the 1-day chart, BTC is showing a double top pattern, which often suggests a shift from an upward trend to a downward one. (Like last time happened in 2021 ATH)
If this pattern plays out, we might see BTC's price drop. To confirm the pattern, we'll need to see BTC's price fall below a certain level.
Keep an eye on support levels, like $68,000. If BTC can't stay above these levels, we might see it fall further to around $67,500 or even $65,000.
I have already shared a list of the top 20 coins to buy during this dip. You can access the list by watching the live stream.
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BTC Potential Bearish Trend on 4-Hour Chart.
The 4-hour chart for BTC is indicating a possible bearish trend. My POV BTC drops below $68,060 in the next few hours, it could lead to further decline. There's a chance it might hold at $67,800 and bounce back, but there's a higher probability of it dropping to the $67,500-$65,000 range.
$313M liquidation at $68100 so confirm Whales 🐳 will hunt the retail traders' liquidation /stoploss.
If it manages to stay above $65,000, we might see another all-time high. Keep an eye on these levels for trading opportunities.
1 D chart also Bearish 🤑 Next Post.
I have already shared a list of the top 20 coins to buy during this dip. You can access the list by watching the live stream.
CLICK-MY PROFILE WATCH THE LIVE GET BENEFITS 😜.
Even if 20,000 people seeing this post, only 1% will follow & like this post because they want to learn for earn. I hope you're one of them. I don't know why 99% are not following me 😃. like this post for more TA.