BTC Trading Idea – Short-Term BouncePattern: #BTC is forming a double bottom, indicating a potential trend reversal.
RSI Divergence: Clear bullish divergence on RSI confirms buying momentum.
Target Levels:
First target: $89,000
Second target: $91,000
Third target: $93,500
Outlook: Expecting a short-term bounce before a potential correction. Monitoring price action closely for confirmation.
This setup suggests a high-probability move to the upside in the near term.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.