Bitcoin price found solid resistance at the correctional bearish trend line, bouncing negatively, and forming a potential intraday double top formation , this pattern could be the motive to push the price for more bearish actions in the upcoming period.
Next targets will be 550.00 again, followed by 496.80
Breaching above 590.00 will bring the key to escape the current bearish correctional bias.
Next targets will be 550.00 again, followed by 496.80
Breaching above 590.00 will bring the key to escape the current bearish correctional bias.