Double bottom pattern formed: short-term rebound

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Double bottom pattern formed: short-term reboundBitcoin / U.S. dollarBITSTAMP:BTCUSDFM-ForexMastermindBTCUSD Short-Term Update: BTC dropped below the 80,000 USD level as ETF outflows and increased profit-taking pressure from yesterday continued to weigh on the market. 👉 1H Time frame : A double bottom pattern is forming, with price currently retesting the neckline area. BTC could see a recovery move toward the 80,600 – 81,200 zone during today’s session, while the market waits for the Trump–Xi Jinping meeting to determine the next major direction. 🔻 Resistance Zones: 80,500 / 81,200 🔺 Support Zones: 78,780 / 78,100 Wish you a successful trading day 🤍