To the untrained eye,
BTC
does look like a double top, but in reality it would be closer to a Triple Top, if anything. Peaks are higher & we're trading ABOVE resistance levels.
IMO there is NO #BTC double top!
Yesterday #Bitcoin formed an OUTSIDE DAY (this is a so so pattern)
$ Flow is not great but the RSI is still HEALTHY!
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Futures #BTC look a little better than Spot, shorts covered already!
Strength here is better than last peak by far!
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Inverse Head & Shoulder patterns are BULLISH but best at bottoms.
Spot
BTC
is forming one at the moment. Drew the "expected" lines on the last chart.
#Bitcoin is trading very different and this has been true for some time now.
Many are making calls but are getting it wrong because of this, IMO 80-100k this year.