Technical analysis by MKBillions about Symbol BTC on 7/13/2024
https://sahmeto.com/message/3369220

MKBillions
Rank: 73
Analytical Power:
3.6

Bitcoin currently has a double top pattern on its daily chart with the target being at 50-53k region. Currently, it's in a bearish flag which should mean it would breakdown to said region, completing the double top. However, I believe we might see a break to the upside to try and break 60k before a rejection to 50-53k.
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Signal Type: Neutral
Time Frame:
1 dayPrice at Publish Time:
$58,833.91