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Bitcoin (BTC) Price Rebounds After Double Bottom Formation – (TA – 21st of July)

Bitcoin (BTC) Price Rebounds After Double Bottom Formation – (TA – 21st of July)



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  1. tldr; Bitcoin (BTC) decreased on July 20 but bounced after creating a double bottom pattern. This is a bullish pattern that often leads to upward movements, but there are numerous resistances left to clear before the price can confirm a bullish reversal. BTC has been decreasing alongside a descending resistance line since June 29 and was last rejected by the line on July 12.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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