EPISODE · Apr 27, 2024 · 3 MIN
Bitcoin Needs to Get Back Above $70K to Avoid Double-Top Breakdown
from RADIO 007 · host RADIO007
Bitcoin has been consolidating around $63,000 despite broader market declines.But, the double-top pattern and struggle to get back above $70k raises concerns of a correction.Critical support levels, such as the 21-week EMA at $55,200, should be monitored closely in case of a potential correction.
What this episode covers
Bitcoin has been consolidating around $63,000 despite broader market declines.But, the double-top pattern and struggle to get back above $70k raises concerns of a correction.Critical support levels, such as the 21-week EMA at $55,200, should be monitored closely in case of a potential correction.
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Bitcoin Needs to Get Back Above $70K to Avoid Double-Top Breakdown
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