My LTF short is stopped out, but the HTF idea remains correct.
Now #BTC needs to claim above 93.5k to stay bullish and I think this time it will claim and bounce much higher.
Let's see what happens.
BTCUSDT
Διην.
81,855.4
+0.55%
Siddharth Giri
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Ανατιμητική
$BTC - Double Bottom with Bullish RSI Divergence in 3D Chart.
Last time #BTC created similar Double Bottom in April and after that Bitcoin made new ATH.
However, this time Double Bottom is confirmed but liquidity below 80k is still not taken.
Now, we have two scenarios, either BTC will give a sharp dip to take the liquidity below 80k or it will bounce without taking the liquidity.
Either way, bounce is confirmed but this time new All Time High is difficult because BTC already created Double Top in Monthly Chart.
{future}(BTCUSDT)
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