$BTC #BTC $BTC
1. Graphic Pattern: W Formation (Double Bottom)
The formation of a "W" suggests a double bottom, which is a bullish trend reversal pattern. Here’s what I see:
Two visibly marked and almost symmetrical bottoms.
The second bottom is slightly above the first, which may be a sign of buying strength anticipating the breakout.
The "neckline" of the pattern is at ~82.073 – this is the key breakout region.
There is a blue arrow indicating a possible breakout and target projection for 82.670.
Interpretation: if the price strongly breaks this neckline, the projection of the W pattern could drive the price up to at least 82.500–82.670 in the short term, with good continuation potential.