BTC has two options at this point and a swing of ~$500 either way can decide its fate. The entire game of trading via Technical Analysis is to determine and "IF THEN" scenario. IF Bitcoin breaks up from here, a double bottom will form THEN there will be a high probability of the coin to continue pushing toward the fables 60k mark. IF the double bottom is nullified by a break below $53000 THEN we will see a retest of the trend line currently sitting at $52000.
Note
BTC within minutes of my previous idea had broken the possible double bottom, headed to 52k to retest trend line.
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