Bitcoin Analysis 🪙
It didn't take more than a nap… and I woke up to a 'head and shoulders' candlestick 🤣
Currently: Bitcoin is showing a Double Top pattern, but it hasn't activated yet.
📌 Activation Condition: closing below the neckline at 77170
🎯 Target after activation: around 75,000
❌ When does the pattern fail? If it returns and closes above 78500
⚠️ Very important: the pattern is currently inactive — don't front-run the move
🔻 Risk Management: closing below 77170 is a sell signal / stop-loss for anyone in Bitcoin
💡 As for the other coins: sticking to stop-loss is crucial — the market doesn’t forgive
$BTC