// TRADING TERMINOLOGY
What is Double Top?
A bearish reversal pattern that occurs after an asset reaches a high price twice with a moderate decline between the two peaks.
In-Depth Explanation
It is confirmed once price falls below the support level (the "valley" between the peaks). It shows that buyers have failed twice to push price higher.
Practical Example
"Bitcoin formed a double top at $69,000 before entering a prolonged bear market."
Related Terms
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