BTC $63,055.64 -0.02%
ETH $1,881.68 -0.05%
BNB $606.76 -0.16%
XRP $1.00 -0.36%
SOL $75.51 -0.10%
TRX $0.3309 -0.55%
DOGE $0.0697 -0.76%
ADA $0.1765 -2.62%
BCH $203.55 -1.26%
LINK $9.48 -2.45%
HYPE $57.15 +0.98%
AAVE $86.30 -0.39%
SUI $0.6755 -1.34%
XLM $0.1569 -1.45%
ZEC $485.94 -1.62%
BTC $63,055.64 -0.02%
ETH $1,881.68 -0.05%
BNB $606.76 -0.16%
XRP $1.00 -0.36%
SOL $75.51 -0.10%
TRX $0.3309 -0.55%
DOGE $0.0697 -0.76%
ADA $0.1765 -2.62%
BCH $203.55 -1.26%
LINK $9.48 -2.45%
HYPE $57.15 +0.98%
AAVE $86.30 -0.39%
SUI $0.6755 -1.34%
XLM $0.1569 -1.45%
ZEC $485.94 -1.62%

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

2025-01-27 15:04:38

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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