Bitcoin $BTC continues to test the previous resistance after fluctuations. Subjectively, I believe that forming a double bottom here could create a good rebound pattern. If market sentiment turns bullish at that time, it will further support the next downward move↓.
Anyway, the closer this is to the previous low, the more attention should be paid to whether volume can pick up above the previous low to confirm a reversal. If it happens, I will bet on a bullish move. This is a position worth trying in the near future. If you don't have time, just wait for the daily candle to close and observe. #BTC
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Bitcoin $BTC continues to test the previous resistance after fluctuations. Subjectively, I believe that forming a double bottom here could create a good rebound pattern. If market sentiment turns bullish at that time, it will further support the next downward move↓.
Anyway, the closer this is to the previous low, the more attention should be paid to whether volume can pick up above the previous low to confirm a reversal. If it happens, I will bet on a bullish move. This is a position worth trying in the near future. If you don't have time, just wait for the daily candle to close and observe.
#BTC