BTCUSDT is currently bearish, no doubt. However, Price has formed a double bottom pattern on the lower timeframe and has broken out of the neckline. This could signify a short-term upside move to the recent swing high. A close below this neckline invalidates this setup.
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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.