Bitcoin Needs to Get Back Above $70K to Avoid Double-Top Breakdown

Apr 27, 2024 · 3m 4s
Bitcoin Needs to Get Back Above $70K to Avoid Double-Top Breakdown
Description

Bitcoin has been consolidating around $63,000 despite broader market declines. But, the double-top pattern and struggle to get back above $70k raises concerns of a correction. Critical support levels, such...

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Bitcoin has been consolidating around $63,000 despite broader market declines.
But, the double-top pattern and struggle to get back above $70k raises concerns of a correction.
Critical support levels, such as the 21-week EMA at $55,200, should be monitored closely in case of a potential correction.
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Author RADIO007
Organization RADIO007
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