Bitcoin
Long
Updated

BITCOIN (BTCUSD): Pullback From Key Level ₿

1398
Bitcoin fell to an important daily support level yesterday.
After observing how the price reacted, I noticed a double bottom pattern on the 4-hour chart.

The price has since broken above the neckline of this pattern and is now undergoing a retest. I anticipate that the market will soon rebound to at least the 102,182 level.
Trade active

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.