Name: Bitcoin Appears Exhausted, Risks Double Top
Uploaded: 2021-11-18T21:27:00.000Z
Duration: 1 min 19 s
Description: LMAX Digital says bitcoin has been looking tired in recent sessions after failing to extend the record run. There is now a risk for a double top on the daily chart, which, if triggered, could expose the possibility for a more profound drop towards a measured move downside extension target in the $48,000 range. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

CoinDesk 20$2,039.391.31%Bitcoin$70,377.121.07%Ethereum$2,148.842.05%XRP$1.450.62%Solana$89.061.03%

Bitcoin Appears Exhausted, Risks Double Top | CoinDesk Videos

Loading video...

CoinDesk 20$2,039.391.31%Bitcoin$70,377.121.07%Ethereum$2,148.842.05%XRP$1.450.62%Solana$89.061.03%

Bitcoin Appears Exhausted, Risks Double Top | CoinDesk Videos