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BTC $62,771.19 -0.63%
ETH $1,668.21 -1.03%
BNB $597.48 -0.97%
XRP $1.13 -0.37%
SOL $65.95 -0.26%
TRX $0.3254 -0.22%
DOGE $0.0851 -0.58%
ADA $0.1668 +2.29%
BCH $205.44 -7.95%
LINK $7.85 -0.58%
HYPE $62.79 +4.64%
AAVE $62.30 -1.05%
SUI $0.7442 -1.54%
XLM $0.1991 -2.16%
ZEC $448.02 +3.99%

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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