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Technical analysis by MKBillions about Symbol BTC on 7/13/2024

https://sahmeto.com/message/3369220
MKBillions
MKBillions
Rank: 73
3.6
،Technical،MKBillions

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.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$58,833.91
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