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Bitcoin Hits Resistance: Is BTC Forming a Bull Flag or a Double Top Trap?

Source: Dukascopy Bank SA
BTC/USD is currently forming a high-tight consolidation that is morphing into a potential double-top pattern after failing to sustain its breakout above $82,500, with the resulting liquidity sweep pulling price back into the horizontal range toward the $79,500 mid-point pivot. If sellers maintain control, the structure points to a mean-reversion drop back toward range support at $76,000–$76,500, with $73,500 standing as the major macro floor; conversely, bulls must defend the current pivot and produce a decisive close above $82,500 to invalidate the double-top thesis and unlock continuation toward $85,000.



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