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BTC May Rise to $17.5K and Tank to 10K, Forming Double Tops

Published 12/19/2022, 08:45 PM
© Reuters BTC May Rise to $17.5K and Tank to 10K, Forming Double Tops

  • Profit Blue tweeted that BTC could rise to 17.5K and fall to 10K forming double tops.
  • BTC started in the green area last Monday but is currently trading in the red area.
  • Higher-high registered by BTC has been followed by sideways movement in the regression trend.

Twitter crypto advisor @profit8lue, tweeted that there was a high chance of Bitcoin coming back to $17,500-$17,700 and then tanking hard to 10k, forming a double top in quick succession.

Additionally, Profit Blue predicted that this move of BTC would manipulate many traders.

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