Bitcoin is forming a potential double top. The first top has been formed and the 2nd top is waiting for a break below the neckline of 44.6K in order to get confirmed. If 44.6K is broken, then the technical target of the double top is at 42.5K. Price is testing the neckline of 44.6K right now, so it will be very important for bulls to hold here. Be prepared.
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1. Community of Technical Analysts sharing analysis and trades
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As always, I’m not a financial advisor, all information presented is for educational purposes only and not meant as financial or investment advice, do your own research, and stay safe!
Check out my daily videos for more in-depth technical analysis and trade setups for Bitcoin, Ethereum, and Altcoins.
Why follow?
1. Community of Technical Analysts sharing analysis and trades
2. Live tracking of whale wallet movements
3. Live update of the latest important news
4. Live syncing of popular crypto tweets
5. Ebook covering how to be profitable in the cryptocurrency market
As always, I’m not a financial advisor, all information presented is for educational purposes only and not meant as financial or investment advice, do your own research, and stay safe!