The occurrence of a double top formation is observed when the price reaches a high point, drops, then climbs back up to that high point before beginning to decrease. This indicates a potential decrease in upward momentum and the possibility of a downward trend. At present, Bitcoin is encountering strong resistance around $71,900 following its endeavor to surpass $70,000, as depicted in the chart. Visit COINTURK FINANCE for the most recent updates on financial and business news.
