Bitcoin is moving between a range which has heavily rejected two attempts of breaking its support. If it manages to break the support, it would confirm a double top standing as a reversal pattern.
It would be healthy for the price to make a correction as it has been rising incredibly fast during the last weeks.
It would be healthy for the price to make a correction as it has been rising incredibly fast during the last weeks.
Trade closed: target reached
Double top confirmed. Neckline has been broken.
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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.