The double top pattern emerges when the price hits a high point, drops, then climbs back up to the peak before beginning to fall. This indicates that the upward movement might be losing steam and a downtrend could ensue. At present, Bitcoin is encountering strong resistance near $71,900 following its push to surpass $70,000, as illustrated in the chart. Visit COINTURK FINANCE for the most recent updates on finance and business matters.