The double bottom scenario could happen to BTC/USDT if it rebounds in the 34k-33k area. If that really happens, then we will see a bullish season in the near future.
However, if BTC/USDT doesn't rebound, it can continue the downtrend till 28k. There is strong support in the 28k area. If this support breaks, BTC/USDT will fall down more.
However, if BTC/USDT doesn't rebound, it can continue the downtrend till 28k. There is strong support in the 28k area. If this support breaks, BTC/USDT will fall down more.