$BTC The 1-hour double bottom is initially forming, and the bullish opportunity I predicted has already appeared!

BTC-1,36%
View Original
GrandElderYevip
$BTC Bitcoin's Potential Long Opportunity
After a false breakout, Bitcoin has been pulling back for the fourth day, with a retracement close to 50% of the recent gains. A preliminary sign of a bottom has appeared, and a rebound wave has formed on the hourly chart. I expect the hourly chart may form a small double bottom pattern. Enter long near the double bottom low point, ideally close to 66,600, with a stop loss at 66,000.
Betting on Bitcoin stabilizing after a pullback and breaking upward past 74,000 to form an upward wave, but it could also rise to 72,000-74,000 and face resistance again, returning to a consolidation range. Take profit levels can be adjusted flexibly.
repost-content-media
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
GateUser-6b5e3988vip
· 03-08 14:10
I agree with that.
View OriginalReply0
View More
  • Pin