4-hour double top formation! $BTC crash warning sounded!
Bitcoin's 4-hour candlestick chart has formed a double top pattern, with two attempts to rise being crushed down, and the middle line of the weekly Bollinger Bands forming strong resistance.
Under this technical pattern combination, it is highly likely that a deep pullback is about to start.
With the weekend market being quiet, the real big fluctuations are probably not going to be seen until the weekly close next week; for now, it’s best to stay out of the market and observe without getting involved.
For today's spot trading, I continue to recommend: Mkr Ai sector Ath Ai16z
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