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Institutions Snap Up Ether $5K Call, Bitcoin Risks Double Top as RBA Official Warns of FOMO Meltdown

Bitcoin appears exhausted, having failed to chart a convincing breakout beyond April highs for almost four weeks.

Updated May 11, 2023, 4:39 p.m. Published Nov 18, 2021, 10:25 a.m.
Bitcoin's daily chart showing a double top pattern on Nov. 18 (Joel Kruger, TradingView)
Bitcoin's daily chart showing a double top pattern on Nov. 18 (Joel Kruger, TradingView)