BTC/USDT 1H – Double Top (M Pattern) | Bearish Market Structure

📉 Bitcoin (BTC) – 1H Timeframe

Double Top (M Pattern) – Bearish Signal Explained

On the 1-hour chart, Bitcoin is forming a Double Top (M pattern), which is a classic bearish market structure.

🔹 Price pushed up twice to the same resistance area but failed both times.

🔹 This shows that buyers are losing strength and cannot push price higher.

🔹 After the second top, the market started to reject the upside, which is an early warning sign.

📌 The key level to watch is the neckline.

If the price breaks and closes below the neckline, it usually confirms the bearish move.

This pattern does not guarantee a drop, but it shows a high probability of downside when confirmed.

⚠️ Always wait for confirmation and use proper risk management.

This analysis is shared only for educational purposes, not to force anyone into a trade.

🧠 Why I’m Sharing This

I am not here to create hype or give false signals.

My goal is to help traders understand market structure and read charts logically.

📊 Learn the pattern → wait for confirmation → manage risk.

$BTC 💵