I'm betting on a BREAKOUT! The double bottom is too strong. What about you guys?"
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Crypto-Analyst-1
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🚨 $BTC Alert: Double Bottom Forming? Bulls are stepping in! 🚀📉
Bitcoin is finally showing some strength! After sweeping the liquidity at the $76,000 discount zone, the price has bounced back, forming a potential Double Bottom pattern on the 4H chart. We are currently trading around $77,296, and the price is now testing the local moving averages.
Will the bulls push through for a breakout, or is another rejection coming?
🎯 Key Levels to Watch:
🟢 Support: $76,500 - $76,000 (The solid double bottom floor)
🔴 Resistance: $77,500 - $78,000 (Moving averages and local supply)
💬 QUICK QUESTION FOR YOU:
Will $BTC BREAKOUT above $78,000 or face REJECTION here? Reply with 'BREAKOUT' or 'REJECTION' below! 👇
(Want to trade this setup? Click on the $BTC cashtag above!)
#BTC #Bitcoin #CryptoTrading #BinanceSquare #trading
Bitcoin is finally showing some strength! After sweeping the liquidity at the $76,000 discount zone, the price has bounced back, forming a potential Double Bottom pattern on the 4H chart. We are currently trading around $77,296, and the price is now testing the local moving averages.
Will the bulls push through for a breakout, or is another rejection coming?
🎯 Key Levels to Watch:
🟢 Support: $76,500 - $76,000 (The solid double bottom floor)
🔴 Resistance: $77,500 - $78,000 (Moving averages and local supply)
💬 QUICK QUESTION FOR YOU:
Will $BTC BREAKOUT above $78,000 or face REJECTION here? Reply with 'BREAKOUT' or 'REJECTION' below! 👇
(Want to trade this setup? Click on the $BTC cashtag above!)
#BTC #Bitcoin #CryptoTrading #BinanceSquare #trading
