BITCOIN DOUBLE BOTTOM BREAKOUT @ 32K TARGET 33.5K!
Updated
Bitcoin is potentially forming a W pattern double bottom with the neckline at 32K. We need to wait for price to break above 32K with strong volume to confirm that this indeed a double bottom. If price breaks below 30.5K or goes sideways for a while, then this double bottom would be invalidated. I will update if we get a breakout.
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Hi guys, this is OG back with another market update. If you find value in my work, please do like, share, and comment. And also feel free to share your ideas and technical analysis in the comments below.
Check out my daily videos for more in-depth technical analysis and trade setups for Bitcoin, Ethereum, and Altcoins.
Why follow?
1. Community of Technical Analysts sharing analysis and trades
2. Live tracking of whale wallet movements
3. Live update of the latest important news
4. Live syncing of popular crypto tweets
5. Ebook covering how to be profitable in the cryptocurrency market
As always, I’m not a financial advisor, all information presented is for educational purposes only and not meant as financial or investment advice, do your own research, and stay safe!
Note
Nice little pump so far since breaking 32k. A close above 32.5 opens the door to 34. Let’s see.Note
Hit a high of 33k so far :)Trade closed: target reached
33.5K target hit :) congratulations to all who made a profit
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