Bitcoin Has Recently Formed a small double top pattern. The price had Already Broken down from the nick line confirming a further decline .
Speculation is high regarding the upcoming FOMC Meeting and the potential Rate cut they might announce. How ever BTC remains indifferent to these speculation and has not shown any significant rise in the recent days. If this situation persists BTC may continue to move downwards.
Should this trend continue BTC Could Potentially Drop further possibly reaching the 54K level.
You may find more details in the chart 📉
Plz Support with like and comments if you find this analysis useful for your trading day ❤️