$BTC Bitcoin's Potential Long Opportunity


After a false breakout, Bitcoin has been pulling back for the fourth day, with a retracement close to 50% of the recent gains. A preliminary sign of a bottom has appeared, and a rebound wave has formed on the hourly chart. I expect the hourly chart may form a small double bottom pattern. Enter long near the double bottom low point, ideally close to 66,600, with a stop loss at 66,000.
Betting on Bitcoin stabilizing after a pullback and breaking upward past 74,000 to form an upward wave, but it could also rise to 72,000-74,000 and face resistance again, returning to a consolidation range. Take profit levels can be adjusted flexibly.
BTC-0,87%
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