🚨🚨 $BTC Double Bottom Formation Complete? 🚨

As we mentioned earlier, we were expecting a double bottom to form, and it seems that it has now been completed, as our Bitcoin's major support at 53,500 has been hit.

When Will We Turn Bullish? 📈

To turn bullish, we need $BTC weekly close above 56,660. There’s a strong chance the market could see a sudden positive news event, which may lead to a bullish surge and help secure the required close.

Key Support Levels ☘️

Our $BTC strongest support lies between 52,700 and 53,300. If this support breaks, we could see further downside toward 51,700, 51,200, or even 47,800.

Altcoins Outlook 👈❤️

If the market turns bullish from here, we might witness a mid-term bullish wave with potential gains of 3-5x. However, if the market turns bearish, altcoins could experience an additional 30% decline.

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