🚨📉 Breaking News in Crypto: BTC Shows Bearish Signals 📉
🚨 BTC has formed a double top pattern on the daily timeframe, indicating a potential bearish trend ahead. Despite currently holding support around 58k, recent indicators such as the Stoch RSI trending downwards suggest growing bearish sentiment.
I've opened a short position at 61k, expecting a possible breakdown below the 58k support level.
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Targets:
1st Take Profit (TP): $55k
2nd TP: $52k
3rd TP: $50k
Using 20x leverage, I'm closely monitoring for further downside potential.
#BTC☀ #SOFR_Spike #ETH_ETFs_Approval_Predictions #LayerZero #BinanceTournament