BitcoinLong
BTC: Double Bottom
On the 4HR chart, we can see that BTC double bottomed at $55,670, which shows us that the bulls are holding this zone in the short term. If it continues to hold, then I'd expect to retest resistances as charted above. If local support fails, then I'd expect 51K - 54K.
This is not financial advice. These are just my ideas and opinions.
This is not financial advice. These are just my ideas and opinions.
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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.