CoinGape
2020-12-15 04:23:40

Bitcoin correction from $19,500 seems imminent as a double-top pattern comes into the picture

Bitcoin price closes in on $19,500 again but is likely to correct towards $19,000 support. A double-top pattern is a typical bearish indicator in technical analysis, highlighting an area of intense supply. Bitcoin is relatively bullish at the time of writing. Buyers were able to find stability above $19,000 on Monday. As predicted, closing the The post Bitcoin correction from $19,500 seems imminent as a double-top pattern comes into the picture appeared first on Coingape.

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