Bitcoin Vulnerable To A Nasty Drop Unless It Claims $7K
Bitcoin is facing a strong resistance near the $7,000 level against the US Dollar. BTC price is likely forming a double top pattern near the $7,000 level and it could dive below $6,400.Bitcoin is forming a bearish breakdown structure below $7,000 against the US Dollar.
A double top pattern is forming with resistance near $7,000 and support at $6,400.
There is a crucial bullish trend line forming with support near $6,240 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair ei
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