BTCUSD is about to plummetDear traders!
From the chart, BTCUSD confirms that the double top pattern has formed and that the short-term bearish trend is dominant (by the 34.89 exponential moving average reversing in line with the resistance level of 68,000 USD), actively defended by sellers on the wave of correction and sell-off.
Currently, we can see BTC falling to the support level of 66,000 USD and if the support is not strong enough it is predicted that there will be stronger selling pressure towards 61,500 USD.