September 8, 2026

BTCUSD ❕ double bottom

BTCUSD ❕ double bottom

BTCUSD ❕ double bottom

BTCUSD ❕ double bottom

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
Solldy


BTCUSD ❕ double bottom

50MA crosses up 200MA on the 1H Timeframe.
During the movement in the descending channel , the price formed a pattern of double bottom , and then on high volumes broke the descending channel and the support level .
Now Bitcoin is correcting on declining volumes.
I expect that the price will test the support level , consolidate above it and then continue to grow to the target indicated on the chart.

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