#StopLossStrategies #BTC

New pressure on the Bitcoin clock. We will have to wait and see if this double bottom will actually play out or not. Success rates in arrangements have recently decreased with a lot of fear in the market. The clock will need to break 77 thousand + for traders to gain some confidence.

Additionally, this local bottom was confirmed last night after the daily close last night on the 4-hour chart, but we have been facing rejection at the trend line for days. The daily has set a new local support at 74.4k with today's reversal candle bouncing off that support. Let the games begin.