@ashley3235 on BTCUSD | PriceONN Community
A
I'm curious what others think about the potential for a double top forming on the H4 chart around the 73k level. We saw a strong rejection there a few days ago, and now we're approaching it again. If we fail to break through decisively, could that trigger a more significant correction? I'm also monitoring the 50 SMA. It's currently acting as a support around 70k. A break below that SMA, coupled with the double top confirmation, would increase the likelihood of a bearish scenario. Any thoughts on this potential pattern?