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🚨 BTC/USDT Update — Weekly Double Bottom in Play
Bitcoin is currently trading around $76,400 and showing a strong technical structure on the weekly timeframe.
🔍 Key Observations:
Formation of a double bottom pattern
Price has broken above a key resistance zone
This resistance also acted as the neckline of the pattern
📊 What to Watch:
After the breakout, a retest of the neckline is expected.
If price successfully holds this level, it could confirm strength in the structure.
📈 Bullish Scenario:
Successful retest → continuation toward higher resistance zones
Momentum could build for a stronger upward move
⚠️ Important:
Confirmation is key — a failed retest could weaken the setup.
💬 What’s your view?
Is this the start of a bigger move or a fake breakout?
@Gate_Square@Gate广场_Official#GateSquare #BitcoinSpotVolumeNewLow