Nov 19, 2021
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.
Up Next
:format(webp)/assets-jpcust.jwpsrv.com/thumbnails/8Frio528-1920.jpg)
:format(webp)/assets-jpcust.jwpsrv.com/thumbnails/xTqpkDOt-1920.jpg)
:format(webp)/assets-jpcust.jwpsrv.com/thumbnails/umJgOvle-1920.jpg)
:format(webp)/assets-jpcust.jwpsrv.com/thumbnails/vhMFqyes-1920.jpg)
:format(webp)/assets-jpcust.jwpsrv.com/thumbnails/EIEg4YPI-1920.jpg)
Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to coindesk.consensus.com to register and buy your pass now.