tripple top
After having talked about a possible double top on bitcoin i got super interesting responses- txs for that.
Now seeing a Tripple top on the hourly.
Bitcoin is displaying a classic triple top pattern, a bearish signal that could indicate a potential reversal. Each of the three peaks reaches a similar high, suggesting resistance and buyer exhaustion. Caution is warranted as a break below the support line connecting the lows between the peaks would confirm the pattern and could pave the way for a downtrend.
Now seeing a Tripple top on the hourly.
Bitcoin is displaying a classic triple top pattern, a bearish signal that could indicate a potential reversal. Each of the three peaks reaches a similar high, suggesting resistance and buyer exhaustion. Caution is warranted as a break below the support line connecting the lows between the peaks would confirm the pattern and could pave the way for a downtrend.
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