Bitcoin Price Eyes $50K Before Potential Surge?
Crypto analysts are forecasting a possible dip in Bitcoin's price before a significant upswing. The formation of a "double-top price pattern" suggests a potential decline to $50,000, according to 10x Research founder Markus Thielen.
A double-top pattern indicates two failed attempts to break through a resistance level, followed by a potential drop down to the level of support below.
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