Bitcoin stopped just short of its all-time-high on Monday, and Tuesday has seen the price drop back as far as $65,000. Has bitcoin just made a double top, ready to now reverse, or is this a quick pause before claiming the all-time-high and continuing on higher?
$BTC fails at the last
As $BTC powered towards the $69,000 all-time-high on Monday evening and Tuesday morning, all would have thought that this high from the last bull run in November of 2021 would finally have been taken out.
Source: Coingecko/Trading View
However, gravity took hold and pulled the price all the way back down to the low $65,000 level. Since that time though, $BTC has crept back up again and is currently trading at around $66,700.
Could this now be a double top? This is a bearish pattern, and if it is the case, this has the potential to send $BTC much lower, and there is even the possibility that this could be the top of this bull market.
A far more likely scenario
That being said, this particular
We współpracy z: https://cryptodaily.co.uk/2024/03/bitcoin-btc-fails-to-make-all-time-high
