Bitcoin has formed a Double Bottom pattern on the 30-min chart, indicating a potential bullish reversal from recent lows. Price has broken above the neckline with confirmation, triggering a long setup with a clearly defined target and stop-loss.
🔹 Pattern: Double Bottom
🔹 Current Price Zone: ~105,043
🔹 Target: 107,856
🔹 Stop Loss: Below 104,544 – 103,787 zone
🔹 Technical Outlook: Break above neckline and Ichimoku cloud signals bullish momentum
🔹 Fundamental Context: Bullish sentiment supported by rising institutional interest and positive macro news
Trade Active – Buy bias remains strong while price holds above breakout support. 📈🚀
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This is not financial advice. Please conduct your own research and manage risk accordingly.
