Hello Dear traders! must support me and share your 0penion in comments section thanks trade safe
Bitcoin has formed a classic double bottom pattern on the 2-hour chart, signaling a potential bullish reversal. A breakout above the neckline confirms the uptrend, with a target near 88,210. The support zone around 79,020 acts as a strong demand area, making this a favorable risk-to-reward setup. Fundamentals, including increasing institutional interest and macroeconomic factors, may further support upward momentum. Watch for confirmation above resistance before entering long positions.
Bitcoin has formed a classic double bottom pattern on the 2-hour chart, signaling a potential bullish reversal. A breakout above the neckline confirms the uptrend, with a target near 88,210. The support zone around 79,020 acts as a strong demand area, making this a favorable risk-to-reward setup. Fundamentals, including increasing institutional interest and macroeconomic factors, may further support upward momentum. Watch for confirmation above resistance before entering long positions.
Trade active
Join Our Free Channel For More Updates
t.me/+kIjdp1OR39NhNzc0
t.me/+kIjdp1OR39NhNzc0
t.me/+kIjdp1OR39NhNzc0
t.me/+kIjdp1OR39NhNzc0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join Our Free Channel For More Updates
t.me/+kIjdp1OR39NhNzc0
t.me/+kIjdp1OR39NhNzc0
t.me/+kIjdp1OR39NhNzc0
t.me/+kIjdp1OR39NhNzc0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.