BTCUSD Bottoming Pattern? A potential outcome.

Bitcoin historically loves prominent double bottom patterns on the Daily/Weekly timeframes before going on to rally.

Considering the current market outlook with CORVID 19 being a catalyst for an economic downturn across the board, I would not expect Bitcoin to simply move back into a bullish rally before establishing a low with an accumulation phase.

This chart represents that possible pattern supported by my custom MA algorithm.