A bigger picture of Bitcoin (BTC)
The candle from today is not such a big deal, we are far from sunny days, it was nice to see how it raised like that, but it stayed too much on the ground.
There is a begining of a double bottom pattern with a lot of accumulation down there, but is a lot of work for doing it, the distance right now from the candle and 200 EMA is 40%, a move that can be done in steps (if it will be done)
Also the volume is not high at all, is just higher than smaller ones.
Till now we know only the bottom, at 3.200-3.400, everything else is useless.
Stay safe!
There is a begining of a double bottom pattern with a lot of accumulation down there, but is a lot of work for doing it, the distance right now from the candle and 200 EMA is 40%, a move that can be done in steps (if it will be done)
Also the volume is not high at all, is just higher than smaller ones.
Till now we know only the bottom, at 3.200-3.400, everything else is useless.
Stay safe!
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