BTCUSD what to expect in CPI
2024-12-11
Category: None


BTC/USD Analysis : Double Bottom Pattern Detected

A double bottom pattern has been identified on the BTC/USD chart, indicating a potential reversal of the downtrend.

Key Indicators:

- Double Bottom Pattern: A clear double bottom formation has been detected, suggesting a potential bullish reversal.
- Trend Analysis: Potential bullish reversal.

Key Levels:

- Resistance: 10185.50
- Support: 99899
- Target: 102978

Recommendation:

Consider long positions or bullish strategies to capitalize on the potential upside movement.

Please note that cryptocurrency markets are highly volatile, and prices can change rapidly. Please use money management 🙏 

Best Wishes Tom 😎
