Bitcoin Double Top Formation Alert!
Currently,
BTC appears to be forming a Double Top pattern on the 4H chart. If this candle closes as an Inverted Hammer, it may confirm a bearish reversal from the overbought zone.
Key Levels to Watch:
Immediate Support: $96,500 – $95,000
Critical Support: $94,000
Major Breakdown Levels:
If $94K breaks, next support is at $91,000
A deeper breakdown could target $80,000 or even $60,000
This correction could present a golden long opportunity for the next bullish leg. Stay patient, observe confirmations, and plan your entries wisely.
Currently,
BTC appears to be forming a Double Top pattern on the 4H chart. If this candle closes as an Inverted Hammer, it may confirm a bearish reversal from the overbought zone.Key Levels to Watch:
Immediate Support: $96,500 – $95,000
Critical Support: $94,000
Major Breakdown Levels:
If $94K breaks, next support is at $91,000
A deeper breakdown could target $80,000 or even $60,000
This correction could present a golden long opportunity for the next bullish leg. Stay patient, observe confirmations, and plan your entries wisely.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🌹TRADING is a CASINO💔!? NO‼️ You❗️CAN and ❗️SHOULD make money in trading! Join me, I'll guide you to PROFITABLE TRADING💵! 🟢Free Telegram Channel: : telegram.me/crypto_vulture_signals
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.