Double top appears to be forming
It appears that a double top is forming in correlation with the same run up that happened in March. I would not be surprised if it drops again to retest the 6500 support or perhaps even lower ....I still. Believe this is a bull trap and it appears to be forming an ascending wedge which is a bearish formation. Every time BTC had a double top since this down trend began, it has dropped consistently lower. I am not sure if the bottom has been found yet. Very strong support around 5-5800 range and very strong resistance around the 9000-9200 range.
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