Bitcoin Double Top Forming(Neckline is 92K so wait for breakout)

As we can see until now Price test ATH resistance zone Two times and we have Strong support zone near 92K$ so we may have Double Top forming here which is strong Reversal structure and after the neckline support break to the downside this structure is completed and will cause huge dump and fall to the downside like the arrows mentioned on the chart.

Notice: only if the ATH resistance break successfully then this scenario is invalid and price can see more gain to the next possible ATH mentioned on the chart.

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99K support zone is testing and soon it will break and another dump will start and i am expecting bear candles with high volume for Bitcoin soon:

Trade closed: target reached

Yesterday the neckline which was 92K$ hit.
so first target hit.

also in upcoming days we will have breakout of 92K$ to the downside and more fall.

MMBTtrader

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MMBTtrader

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