Bitcoin looks to be putting in a reversal pattern...
Normally I would say triple bottoms are a like a camera shy Kardashion, they don't really exist...
Normally when you see a price touch a resistance area 3 times, it is likely to burst through that area in the not too distant future...
However, looking at this pattern below, and it looks like the opposite might play out here:
(Source:
1549089114355548166/photo/1) twitter metadata:cm92ZXJjcmN8fGh0dHBzOi8vdHdpdHRlci5jb20vcm92ZXJjcmMvc3RhdHVzLzE1NDkwODkxMTQzNTU1NDgxNjYvcGhvdG8vMSl8 ~~~
It looks like we have a rounding bottom with 3 touches and a break above the resistance level.
If this were to play out as forecasted, we could see bitcoin move back up near $28k in the coming weeks.
I can see it too but lets be careful of the bull , August might hit the heat hard and logic prediction is for the bear to reach 10k bottom .
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