Bitcoin ready for ‘sudden and very strong drop,’ expert sets BTC price bottom
Following Bitcoin’s (BTC) ongoing attempts to establish its price above the $65,000 support zone, a trading expert believes that technical analysis points to a more bearish scenario. In a TradingView post on June 18, the expert, Alan Santana , noted that Bitcoin has faced a “strong rejection,” setting the tone for a bearish trend. Santana highlighted a double top pattern formed on May 21 and again in early June. This pattern typically signals a reversal from a bullish to a bearish trend, further reinforcing Bitcoin’s negative outlook. Picks for you Bearish: Wall Street sells Bitcoin as ETFs register four days of outflows 3 mins ago Revealed: The next Bitcoin cycle top 42 mins ago ...