Classic Double Bottom
BTC may be putting in a classic double bottom where the second low undercuts the first. Sentiment is always much worse on the second low, which creates the recipe for a shorts squeeze, lockout rally like early 2019.
Getting over the 100 day (orange line) which has been key resistance this year is the first step, and would be highly constructive.
Getting over the 100 day (orange line) which has been key resistance this year is the first step, and would be highly constructive.
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