⚠️ Double Top Formation Spotted on #BTC
Bitcoin made an all-time high of 💰 $111,969 on 22nd May 2025
Second peak formed on 9th June at 💸 $110,656
🧠 Classic sign of a double top reversal pattern in play!
🧱 Support Levels Tested Multiple Times:
🔹 12 May — Touched major support: $100,694
🔹 5 June — Retest at same level: $100,694
🔹 21 June — Yet another test, this time lower: $100,322
⚠️ 22 June — Support finally broken! 💥
BTC breached the psychological barrier of $100,000 🚨
😟 Ethereum joins the breakdown — both
BTC and
ETH have now broken their month-long range supports!
⛔️ Time to stay Cautious.
📉 The bulls may be exhausted. Eyes on the next support zones and volume activity.
🧩 Stay alert. Watch for retests and fakeouts. Don’t FOMO. Let price confirm!
Bitcoin made an all-time high of 💰 $111,969 on 22nd May 2025
Second peak formed on 9th June at 💸 $110,656
🧠 Classic sign of a double top reversal pattern in play!
🧱 Support Levels Tested Multiple Times:
🔹 12 May — Touched major support: $100,694
🔹 5 June — Retest at same level: $100,694
🔹 21 June — Yet another test, this time lower: $100,322
⚠️ 22 June — Support finally broken! 💥
BTC breached the psychological barrier of $100,000 🚨
😟 Ethereum joins the breakdown — both
⛔️ Time to stay Cautious.
📉 The bulls may be exhausted. Eyes on the next support zones and volume activity.
🧩 Stay alert. Watch for retests and fakeouts. Don’t FOMO. Let price confirm!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.