BTC just printed a clean double-bottom structure on the 15mins chart at 85.6K, matching the first reaction low from earlier today. This is the first sign of intraday exhaustion after that heavy sell-off from 91.8K.The pattern is forming inside a tight descending wedge, and price is now sitting right at the breakout zone. This is where #BTC usually makes its next decisive move.
Key Observations
🔹 Bottom 1 → 85.6K
🔹 Bottom 2 → 85.6K (perfect retest)
🔹 Lower-timeframe wedge compression completed
🔹 Buyers defended the same level twice — strength showing
If #BITCOIN holds this zone, we can see a momentum pop toward:
➡️ 86.7K
➡️ 87.3K
➡️ 88K (major intraday unlock)
But… A clean break below 85.5K invalidates the structure and opens the door toward:
⚠️ 84.2K → 83.0K
Right now, all eyes are on this double-bottom confirmation — momentum can flip quickly if buyers step in.
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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.