Bitcoin BTCUSD Daily (1D) Analysis – More Downside Ahead? I'm sensing another leg down in Bitcoin before we get more of a bounce Price rejected at former resistance turned support, now possibly back to resistance – which is the neckline of a double-top pattern Especially if the LMACD diverges downward further below the zero line Target based on the measure rule is a move back to $101K
Published Sep 04, 2025Updated Sep 04, 20252 min read
Bitcoin BTCUSD Daily (1D) Analysis – More Downside Ahead? I'm sensing another leg down in Bitcoin before we get more of a bounce Price rejected at former resistance turned support, now possibly back to resistance – which is the neckline of a double-top pattern Especially if the LMACD diverges downward further below the zero line Target based on the measure rule is a move back to $101K
