Analyst: BTC may form a double top pattern, with neckline support at $91,300
According to TechFlow, on January 27, CoinDesk analyst Omkar Godbole pointed out that BTC may form a double top reversal pattern on the daily chart. After failing to sustain above the December high last week, BTC appears to have formed a double top pattern with the neckline support located near $91,300. A break below the neckline support could trigger a decline to $75,000.