The occurrence of a double top formation is noted when the price reaches a peak, drops, then rebounds to the peak once more before beginning to decline. This indicates a potential decrease in upward momentum and the possibility of a downward trend emerging. At present, Bitcoin is encountering notable resistance at approximately $71,900 following its endeavor to surpass the $70,000 mark, as depicted in the chart. For the most recent financial and business updates, visit COINTURK FINANCE.
