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What to expect after a double bottom chart setup in Bitcoin?

A double bottom pattern signals a bullish Bitcoin reversal. It shows the down market ready to flip once confirmed.

The double bottom cryptocurrency pattern shows two lows in a row, where the second low is a little higher than the first, which means the bitcoin's downward trend is weakening. If the bitcoin price then goes above a resistance level, which is the high point between the two lows, the double bottom pattern is confirmed. This means the bitcoin's price is changing to an upward trend.

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