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$1,969.734.18%Bitcoin$69,593.184.01%Ethereum$2,155.525.74%XRP$1.354.69%Solana$82.383.89%

Bitcoin Appears Exhausted, Risks Double Top | CoinDesk Videos

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CoinDesk 20$1,969.734.18%Bitcoin$69,593.184.01%Ethereum$2,155.525.74%XRP$1.354.69%Solana$82.383.89%

Bitcoin Appears Exhausted, Risks Double Top | CoinDesk Videos