What's happening with Bitcoin?

A double top on the trend line kills cycles. We've been falling for almost a month, with a rising pattern on the daily chart, but the price isn't going up. The rebounds have no strength, little movement and increasingly lower lows.

When I saw this possibility, I analyzed it and, over time, I continue to think that we could be at the end of a bullish cycle. I can't find any relevant event, news or data that could reverse the trend and take the price to new highs, breaking that double top.

On daily and weekly charts we could see significant falls if the rising pattern runs out and the price fails to break upwards with enough force. In the same way, we could also see a fall if the price rises, but forms a triple top or a false break on the trend line.

I would love to see Bitcoin at 200k, but is there anything that could really push it to look for those price levels? I'm reading you.

trend line KILLS CYCLES, Greg Quiroga.

#bitcoin #argentina #usacriptonoticias #alcista #bajista $BTC