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๐Ÿ“Š#BTC may rebound through a double-bottom bullish structure๐Ÿ“ˆ

๋กฑ
BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
๐Ÿง In our analysis in the previous article, we said that we are in a paradoxical zone, where there is a reasonable structure to support either the rise or the fall. But the short term wedge bearish structure is broken, we do not choose to continue to extend the bear strength, so now only a bullish double bottom structure as a support, so there is a certain probability of a rebound.๐Ÿ“ˆ

โžก๏ธFrom a short-term perspective, it is not recommended to chase short positions. You can play a small long position with a light position.

โš ๏ธNote that if the double bottom bullish defense is broken, then the rise will lose momentum.

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