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BTC $61,759.39 +1.31%
ETH $1,619.54 +3.62%
BNB $589.05 +2.27%
XRP $1.12 +1.94%
SOL $64.45 +2.84%
TRX $0.3280 +2.28%
DOGE $0.0839 +2.20%
ADA $0.1621 +1.51%
BCH $223.63 +2.22%
LINK $7.71 +4.32%
HYPE $58.12 -1.23%
AAVE $62.46 +2.55%
SUI $0.7473 +3.75%
XLM $0.2041 +1.59%
ZEC $415.01 +15.63%

Coindesk analyst: BTC may form a double top pattern, expected to drop to $75,000

2025-01-27 15:04:38
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ChainCatcher news, according to Coindesk analyst Omkar Godbole's article, BTC may be forming a double top reversal pattern on the daily chart.

Due to failing to maintain above the December high last week, BTC appears to be forming a double top pattern, with the neckline support located around $91,300. If the neckline support is broken, it could trigger a decline towards $75,000.

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