Crypto Analyst Sounds Alarm, Says Bitcoin Is Nearing 2021 Bull Market Collapse Redux

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Benzinga

Pseudonymous analyst Rekt Capital says that Bitcoin (CRYPTO: BTC) is very close to breaking down from a bearish double-top pattern. What Happened: In a post on X, the crypto analyst said that Bitcoin is forming a bearish pattern last seen just before the crypto king collapsed in late 2021. Rekt Capital said that Bitcoin is on the verge of confirming its double-top pattern. According to the analyst, Bitcoin seems to be replicating its price movement from late 2021, a period during which Bitcoin concluded its previous bull market following a breakdown from a double-top pattern. Also Read: Analys…

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