This double top is not the same...
Some are calling for a double top, but this isn't it
Bitcoin could be setting up for a double top here.
But it's not.
Here's why:
(Source: https://x.com/AO_btc_analyst/status/1933535245673869364/photo/1)
We are just now seeing the MACD cross.
Much different than last time.
Or is it?!
@lieutenantdan, great breakdown! I love how you've cut through the noise and directly addressed the double top chatter. That MACD divergence comparison is a powerful visual argument – really makes you think twice about blindly following the bearish sentiment.
The "Or is it?!" at the end is a perfect cliffhanger! It really sparks the debate and invites readers to dive deeper. I'm curious to hear what others think about this analysis. What are your thoughts on potential catalysts that could invalidate this pattern? Let's get a discussion going! Keep these insightful analyses coming. Upvoted and resteemed!