MARA, CLSK, RIOT stocks at risk as Bitcoin forms a risky pattern
Bitcoin has formed a risky pattern Sadly, there are signs that Bitcoin will continue falling in the coming weeks. As shown above, the coin has crashed below the 50-day and 100-day Exponential Moving Averages (EMA), meaning that bears are gaining control. At the same time, Bitcoin has formed a triple-top pattern at $72,000 and whose neckline is at $56,463. In most periods, this is one of the most bearish signs in the market. Its bearish outlook will be confirmed if the price moves below the neckline at $56,4 ...