BTC Double Top Formation

BTC/USD COINBASE:BTCUSD

turtlebuster

BTC broke through the YELLOW resistance line in March 2019 and rallied 240%. Then BTC formed a double top in April 2021 and November 2021. The current downtrend is unlikely to be over anytime soon. We could see a massive drop in price if it breaks below the BLUE support line.

In my opinion, Bitcoin price volatility will lead investors to seek out safer assets such as the US dollar .

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