BTCUSDT is bouncing from 112,000 support, forming a potential double bottom. The setup aligns with prior bullish continuations from similar consolidation zones. A push toward the ATH region could follow if buyers remain in control.Trade active
BTC is pulling back after setting a new higher high near $121,000. The market is retesting the previous high at $112,000, which may serve as strong support. If this zone holds, it could launch another bullish wave toward the ATH region.
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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.