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📊 $BTC is approaching a major support zone on the weekly timeframe.
At the same time, lower timeframes are showing signs of a potential double bottom formation.
Current setup:
• Weekly support getting closer
• Possible double bottom forming
• Short-term momentum improving
• Buyers attempting to defend current levels
If this pattern confirms, Bitcoin could see a relief rally toward the $62K to $63K region.
The next few sessions will be important for confirmation.