📈 BTC Forms a Triple Bottom — What's Next?



Bitcoin has recently printed a triple-bottom formation, a technical pattern often associated with a potential reversal or liquidity trap before the next major move.

My current outlook suggests that BTC could push toward the next supply zone between $69,100 and $70,100, with periods of consolidation along the way.

However, before a larger trend develops, I believe Bitcoin may eventually revisit lower levels where significant liquidity and spot-buying demand exist. The $56,000 region remains a key area to watch, as it could attract substantial buying interest if revisited.

📊 Trade Setup

Long Entry Zone
✅ Entry: $62,300 – $62,500
🛑 Stop Loss: $61,900
🎯 Take Profit Targets:
• $65,200
• $66,800
• $68,100
• $69,100

Short Opportunity
🔻 Potential entry zone: $69,100 – $70,100

The strategy anticipates strong resistance within this range before any potential move toward lower liquidity zones.

⚠️ This is a personal market outlook based on technical analysis and should not be considered financial advice. Always manage risk appropriately and conduct your own research before entering any trade.

#BTC #Bitcoin #CryptoTrading #TripleBottom
BTC0.74%
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