BTC price is coming up against strong resistance at around 12,000 mark. It's likely to test against this price several times before a breakthrough is made, hence it's likely that price will fall back to support.
Note
Price is likely to find support at around 8,200.
Trade active
Likely to fall further. The pattern fits a double top neckline retest.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.