Expert opinion: bearish #BTC (from Coinsradar.net)

BTCUSDT has been struggling to recover recently and is currently trading at $62,463, down 0.77% on the day.

But at the same time, a double top pattern is gradually forming, indicating a possible pullback that may break the trend line mentioned on the H4 chart.

The current channel support is at $61,500, and the recent resistance is at $63,300. If the support level is broken, the risk of a pullback increases. The price is expected to adjust to the seller liquidity area. The nearest target on the H4 chart is the $59,080 area.

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