As seen on the chart. Here is a double top (M) pattern in play. If price does not break the resistance at $58,150 upward to $60,000 to alter this analysis, then I expect Bitcoin to fall to $33,000.
The yellow lines are the major support and resistance lines price may encounter if it dips to $33k.
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Trading Involves High Risk⚠️
Not Financial Advice💸
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The yellow lines are the major support and resistance lines price may encounter if it dips to $33k.
What do you think?
Share your opinion in the comment section✍️
Please support this idea with a LIKE👍 if you find it useful🥳
Also, kindly cheer me with coins if you like my work.
Follow me to receive more updates on this pair🤙
Happy Trading💰🥳🤗
Trading Involves High Risk⚠️
Not Financial Advice💸
Use Proper Risk Management💹
Thank you for your support!💓
NB: If you have any question for me or you would like to learn forex trading, improve on your technical analysis skills, DM me.
Order cancelled:
A breakout from the upper resistance at $60,000 makes this analysis invalid. I'm really sorry guys.
Trade active:
UPDATE!!!
