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BTC $62,695.49 -0.49%
ETH $1,669.58 -0.54%
BNB $598.03 -0.48%
XRP $1.13 +0.52%
SOL $65.92 +0.20%
TRX $0.3257 -0.13%
DOGE $0.0851 -0.02%
ADA $0.1665 +2.66%
BCH $205.35 -8.00%
LINK $7.85 -0.02%
HYPE $62.43 +4.37%
AAVE $62.36 -0.72%
SUI $0.7440 -1.08%
XLM $0.1988 -1.72%
ZEC $448.84 +4.98%

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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