💰 Bitcoin

BTC price showed positive dynamics 📈 Unexpectedly, we see a number of bullish candles on the chart. Once again, let's consider the timeframe of 4 hours.

According to my yesterday forecast, a double bottom reversal pattern is forming on the chart✅ Now it is confirmed as the price goes beyond the important mirror level of ~$58,350.

There is a breakdown of the important mark, but there is no consolidation above it yet. If we have a full-fledged consolidation above this mark, with a "retest" from above, we can expect the beginning of the upward movement, albeit local.

The chart looks quite positive, despite the negative sentiment on the market. Now the price is going against the crowd, but it does not mean that we have already broken the local descending structure 🔽

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