BTC PRICE RECOVERY !!!!!!!
Bitcoin's (BTC) price recovery has run into a double top bearish pattern at $87K, raising the risk of a renewed downswing.
The pattern would be confirmed with a decisive drop below the support level between the two peaks, called neckline, potentially leading to a decline toward $75,000 or lower in the short term.
Bitcoin's current price action might lack broad market support, raising the possibility of a 'fakeout' rally, with a weekly (Sunday UTC) close below $84,000 confirming the bearish scenario, while a push above $87,500 might invalidate it.
