BTC Chart Pattern Points to Next Big Move

BTC forms a double top at 117.8K and pulls back toward 116K. Range remains 116K - 118K; next breakout will set the bigger trend.

Well, that escalated quickly… 💸

Last update, we called out 117.8K as the line in the sand, and even nudged you to dust off Chapter 6, Lesson 2: Double Top Reversals.

Fast forward… boom. Two taps, sellers step in, and BTC slid right back toward 116K.

Pretty satisfying when the textbook actually plays out on the chart, right? 😉

Want to prepare for next week’s copy-to-chart setups?

Review the technical analysis chapters. Preperation and consistency = skill to take trades like this every week.

Weekend Levels

  • Resistance: 117.8K–118.0K is still the brick wall.

  • Support: 116K is the line to watch. Slip below, and 115K–114.5K comes into view.

  • Range: It’s 116K–118K until proven otherwise. A clean break decides if this was just a pause or the start of something bigger.

Best of luck to you all traders!

Rest, recharge and we’ll be back on Monday.👋

 

Disclaimer: This is not financial advice. All information is for simulation and educational purposes only.

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