Now on the chart with the hourly timeframe, we can see the formation of a double bottom pattern. The same one we saw at the beginning of the bullish cycle. Given that Bitcoin has already made its correction and is forming a support zone, there is a possibility that we can repeat this figure on the hourly period as well!
Disclaimer
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.
Disclaimer
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.