Bitcoin Price Analysis: Is it Time to Withdraw and Sell BTC/USD?

BTCUSD is experiencing renewed selling pressure, despite the strong upward trend line remaining intact. The breakout zone on the H1 chart is showing significant selling activity following the formation of a double top pattern. Doctor-Bitcoin suggests considering entry around the 62,450 - 62,660 range. Targets are set at a minimum of 61,500 and 60,650, with a recommended risk of 2% per trade. Utilizing a 2:1 ratio for closing positions can be beneficial. Wishing you success in your trading endeavors!

Trade in progress.