sekar nallalu Cryptocurrency,Markets,News Bitcoin’s Double Top Suggests BTC Could Fall to $50K: Analyst

Bitcoin’s Double Top Suggests BTC Could Fall to $50K: Analyst

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“Technically, bitcoin appears to follow a double top formation, whereas the support level is being tested. This chart formation should be our base case unless it becomes invalidated. This formation could easily see a drop to $50,000—if not $45,000,” Markus Thielen, founder of 10x Research, said.

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