This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. The bitcoin rally has stalled, raising the possibility of a potentially bearish technical formation: a double top. A close examination of the daily chart reveals that bulls failed to sustain a rally above the key Fibonacci level of $122,056 on Monday, a performance that precisely mirrors …
Read More »Watch Out for Potential BTC Double Top as Bulls Fail to Break $122K Again
