BTC/USDT in the crucial support area, Possible to going $52k?
💎 The recent market dynamics surrounding #BTC have indeed been quite notable.
💎 It appears to have formed a double top pattern, with the support neckline around the $60,700 area. This could signify a bearish trend if Bitcoin breaks below this support.
💎 However, if Bitcoin manages to break the resistance directly, it would invalidate the pattern and signal readiness for continued upward movement toward our target area.
💎 On the other hand, if Bitcoin does break below the support neckline, confirming the double top pattern, there's potential for it to retreat to the weekly OB area before bouncing back and resuming its upward trajectory, possibly even breaking out to a new all-time high.
MyCryptoParadise
iFeel the success🌴
💎 It appears to have formed a double top pattern, with the support neckline around the $60,700 area. This could signify a bearish trend if Bitcoin breaks below this support.
💎 However, if Bitcoin manages to break the resistance directly, it would invalidate the pattern and signal readiness for continued upward movement toward our target area.
💎 On the other hand, if Bitcoin does break below the support neckline, confirming the double top pattern, there's potential for it to retreat to the weekly OB area before bouncing back and resuming its upward trajectory, possibly even breaking out to a new all-time high.
MyCryptoParadise
iFeel the success🌴
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🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV