BTC | Why not a "W bottom"?

Today's BTC 1h time frame analysis. During this week, BTC has a trend of approaching a "W bottom" pattern. We finished the second trough after the FOMC meeting. The price is currently recovering slowly. If BTC can withstand the pressure of the 20k sell-off after breaking the neckline, then BTC is expected to return to the space above Fib 0.382 ($20,832).

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