This is way too early to call obviously, but there is definitely potential that this double top comes in as the bulls are running out of steam here after getting rejected just below 39k a couple of times over a period of four days.
Everything you need to know is in this 4h BTCUSDT chart, and some larger time frames you can find here below👇 in my latest video🎬:
I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advice.
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Note
Here we can see it clearer on the 1h chart with those wicks. The volume also seems like it spiked out as you can see on the bottom here:
Note
37.5k will be another interesting level where we could find support.
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