Bitcoin - DOUBLE TOP Weekly Timeframe

21 Eki 2024

A Double top in the weekly timeframe is never a good sigh - however, all is not yet lost.

One final pattern remains to be seen - and that is the Bump and Run method. Perhaps we can bump that diagonal support around 65k, retest the bulls' determination - and then make the final impulse wave up.

There is a fakeout observed on Dogecoin as well, and alts that have increased alongside BTC over the past week will likely fall pretty hard IF Bitcoin cannot keep closing ABOVE 65K.

______________________
BTCUSDT

25 Eki 2024

İşlem aktif

BUMP has tested - Now to see if we can run ABOVE the double top or not: