Update $BTC for the new week.
A double bottom has formed beneath the bear market trend. The pattern scenario is being respected: the neckline has been broken, and the pullback has played out all week.
<a>Next week, we're expecting a strong bullish movement to kick off the early signs of a trend reversal.</a>
For now, there's nothing contradictory.
But watch out: the bullish impulse coming from the pattern doesn't allow us to predict its exact magnitude. What you need to keep in mind is that if the pattern confirms, the trend is highly likely to reverse.
<a>And that, my friends, is just the beginning of a new bull run.</a>
That's technical analysis...
But if this setup plays out as expected, we could witness the moment everyone has been waiting for, even if the majority isn't ready!
A double bottom has formed beneath the bear market trend. The pattern scenario is being respected: the neckline has been broken, and the pullback has played out all week.
<a>Next week, we're expecting a strong bullish movement to kick off the early signs of a trend reversal.</a>
For now, there's nothing contradictory.
But watch out: the bullish impulse coming from the pattern doesn't allow us to predict its exact magnitude. What you need to keep in mind is that if the pattern confirms, the trend is highly likely to reverse.
<a>And that, my friends, is just the beginning of a new bull run.</a>
That's technical analysis...
But if this setup plays out as expected, we could witness the moment everyone has been waiting for, even if the majority isn't ready!