Kryptochristian

#BTC - Double Bottom Bounce Met With Key Resistance

BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
#BTC - Double Bottom Bounce Met With Key Resistance

Bounced off the $16k support well - not hugely surprising and showing a pretty nicely double bottom here. We are currently challenging the consolidation level so it will be tough to break. We do have a bullish weekly pivot up to $18.2k which is a little bit exciting although $17k is going to be a beast of a resistance to break.
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