Bitcoin risks drop to $71k as rounded-top pattern takes shape

Key takeaways Bitcoin’s four-hour chart is forming a potential rounded-top pattern after its rally from $63,000. The $76,000–$76,300 region serves as the pattern’s critical neckline and support zone. A decisive breakdown could produce a technical downside target near $70,900–$71,000. Bitcoin could decline toward $71,000 if a potential rounded-top pattern on its four-hour chart confirms with […] The post Bitcoin risks drop to $71k as rounded-top pattern takes shape appeared first on CoinJournal.