BTC Triple bottom pattern ?

BTC Triple bottom pattern ?

By Minae | Mina | 18 May 2021


We all know that BTC is in a pretty hard dip right now, the bottom support is around 42k and is pretty strong, BTC tried to dip 3 times in the last few days below that support line but failed to do so.

 

A triple bottom pattern is a very well known bullish pattern in trading, and BTC seems to have just made one on the BTC/USDT chart (binance) 

 

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Could this be the signal before BTC goes back up? Or will the trend break and retest that 42 support multiple times again until it breaks below? 

What are your thought on this? Could BTC ever go back to 50k or above during this bull run?

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Mina
Mina

Journaling about my research in sciences, my travel and cryptos :)

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