BTC Technical analysis

5 ก.ย.

Looks like BTC is attempting a reversal from a Double Bottom pattern on the 2-hour chart. The price has formed two significant bottoms around the $55,000 mark, and we’re now seeing an early breakout above the descending trendline. If this pattern holds, the target is around $62,000. The RSI is hovering in the neutral zone, suggesting there's room for upward momentum, while the MACD is starting to turn bullish, signaling potential buy pressure building up. Watch out for any pullbacks that hold above $55,000 for confirmation.