$BTC Double Top Signals for Bitcoin Indicate Short-Term Drop — Long-Term Bull Run Still Intact

Bitcoin recently broke free from a limited consolidation zone at $112,000, rising to a peak of $123,000 on July 14. After a retracement to $112,000 on August 2, the market recorded another increase, reaching $124,500 earlier today. However, this second push was met with sharp selling pressure, forming a classic double top pattern — a bearish signal suggesting lower prices ahead.