Bitcoin
Short

BTCUSD - Short - Repeating the past? Possible double bottom

By Tradespot
Price action looks extremely reminiscent of the previous rally forming almost a fractal in it's topping pattern. I'll be sitting in cash until the charts tell me otherwise.

If we break above with volume and close above the upper resistance lines, I see one final leg to 7.8K but ultimately expect a double bottom.
Bitcoin (Cryptocurrency)Chart PatternsCryptocurrencyTechnical IndicatorsTechnical AnalysisTrend Analysis
Tradespot
Wizard money evangelist 🪄✨

Disclaimer