Bitcoin’s Double Top: Signs of a Sudden Price Crash or Explosive Rally?

A clear double top pattern near $112,000 has emerged in Bitcoin, signaling potential for violent price action either way. The critical support line at $112,000 could be pivotal, setting the stage for a decisive move. A breakdown below this level could push prices significantly lower, potentially even dipping below the psychologically significant $100K mark, confirming bearish sentiment and shaking off any remaining bullish momentum.