Looking at the BTC chart a double top formation is starting to take place on the weekly timeframe chart. This cycle BTC reached $110,000 during this rally but has seemed to cool off since November. A massive sell off or slow bleed into $55,000 is what the markets could be looking at coming into 2025. Could be a sell off news event or black swan in 2025? or could we see a recovery a push to new highs which would be great as well. Be safe..
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.