Bitcoin is stuck on 25200 - 25500 horizontal support for 3 consecutive weeks. With the last 2 tests of that, the price formed a double bottom pattern. The neckline of the pattern was broken with a bullish engulfing candle.
We may expect a bullish movement now at least to 27000 level.
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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.