Bitcoin Eyes $41,000-Retest as Two Indicators Confirms Bull Run
Bitcoin Eyes $41,000-Retest as Two Indicators Confirms Bull Run Reading Time: 2min read Bitcoin bulls should brace for a wild upside run towards $41,000. According to Scott Melker, crypto trader and host of WOAS Podcast, the cryptocurrency’s sharp rebound from $32,000 to above $38,000 confirmed two textbook bullish reversal indicators: Double Bottom and Falling Wedge. Bitcoin Double Bottom Starting with the Double Bottom, Mr. Melker highlighted two consecutive troughs in the Bitcoin four-hour (4H) chart, with a moderate peak in between. Such a structure points to repeated downside rejection...
Source: newsbtc.com