officialTjan

Bitcoin - possibility for double bottom

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
The uptrend since the low of 7.5k got broken. Also EMA20 fell back below EMA100.
There is a possibility for a double bottom at around 7.5k now.
If BTC             breaks through the support at 7.5k without building a double bottom we might fall to around 5.5k.
Trade closed: target reached:
could the double bottom be at 7859 en the 30m chart?
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Hello @Damians, not in my opinion, why did you thought this?
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Damians officialTjan
@officialTjan, oh nevermind, btc is still falling ...
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@Damians, yes.. seems like next possible bottom could be around 5.5k
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@Damians, maybe you want to take a look at this:
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