They said sub-$90k Bitcoin wasn't possible.......
Whenever you have a breakout, for the breakout to be confirmed, it needs to be retested. This is a basic technical analysis concept.
We broke out from the 2024 ATH of 74k but it has not been retested yet.
After topping at 108k and hitting a near horizontal 109k, Bitcoin has quietly completed a Double Top pattern on the weekly chart which is extremely Bearish.
There are Daily and Weekly fair value gaps running down to 61k.
The chart shows a simple, logical path of how we could potentially arrive at 61k, including the inevitable pullbacks along the way.
This is based 100% on technical analysis.
BTCUSDT BTCUSD
We broke out from the 2024 ATH of 74k but it has not been retested yet.
After topping at 108k and hitting a near horizontal 109k, Bitcoin has quietly completed a Double Top pattern on the weekly chart which is extremely Bearish.
There are Daily and Weekly fair value gaps running down to 61k.
The chart shows a simple, logical path of how we could potentially arrive at 61k, including the inevitable pullbacks along the way.
This is based 100% on technical analysis.
BTCUSDT BTCUSD 
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.