Bitcoin - DOUBLE TOP Weekly Timeframe
2024-10-21

A Double top in the weekly timeframe is never a good sigh - however, all is not yet lost.

One final pattern remains to be seen - and that is the Bump and Run method. Perhaps we can bump that diagonal support around 65k, retest the bulls' determination - and then make the final impulse wave up.

There is a fakeout observed on Dogecoin as well, and alts that have increased alongside BTC over the past week will likely fall pretty hard IF Bitcoin cannot keep closing ABOVE 65K.


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  BINANCE:BTCUSDT  

