A double bottom has appeared on the four-hour chart. My personal prediction is that a pullback and bottoming structure will form. The first resistance level is around 66,100. Currently, a pullback is happening, so short positions can be considered, with a stop loss just above the breakout and stabilization around 66,100. If a direct breakout and stabilization occur, consider going long up to 69,000. Because the recent decline has been quite large, a rebound is likely to happen.
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Market Analysis: $BTC (2026-2-25)
A double bottom has appeared on the four-hour chart. My personal prediction is that a pullback and bottoming structure will form. The first resistance level is around 66,100. Currently, a pullback is happening, so short positions can be considered, with a stop loss just above the breakout and stabilization around 66,100.
If a direct breakout and stabilization occur, consider going long up to 69,000.
Because the recent decline has been quite large, a rebound is likely to happen.