BTCUSD has been riding a bullish trend for a while now. It is interesting to note that liquidity in the crypto market is beginning to decline and bitcoin clearly demonstrates this on the W1 chart where a potential downturn is imminent due to the double top bearish reversal pattern.
If this pattern holds through, the price of bitcoin could plummet to $82.5k per coin, and eventually $62k if the momentum persists.
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