LA_Designer

BTC: Double Bottom

Long
COINBASE:BTCUSD   Bitcoin
On the 4HR chart, we can see that BTC double bottomed at $55,670, which shows us that the bulls are holding this zone in the short term. If it continues to hold, then I'd expect to retest resistances as charted above. If local support fails, then I'd expect $51K - $54K.

This is not financial advice. These are just my ideas and opinions.
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