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BTC $75,823.09 -0.16%
ETH $2,266.67 -0.38%
BNB $617.10 -0.81%
XRP $1.37 -0.34%
SOL $83.15 -0.23%
TRX $0.3230 -0.08%
DOGE $0.1019 +2.57%
ADA $0.2433 -1.00%
BCH $446.87 +0.24%
LINK $9.09 -1.20%
HYPE $39.59 +0.23%
AAVE $94.04 -2.42%
SUI $0.9020 -1.77%
XLM $0.1601 -1.83%
ZEC $319.79 -4.40%

Coindesk analyst: BTC may form a double top pattern, expected to drop to $75,000

2025-01-27 15:04:38
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ChainCatcher news, according to Coindesk analyst Omkar Godbole's article, BTC may be forming a double top reversal pattern on the daily chart.

Due to failing to maintain above the December high last week, BTC appears to be forming a double top pattern, with the neckline support located around $91,300. If the neckline support is broken, it could trigger a decline towards $75,000.

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