Will the price suffice here and give us a double bottom !?

OTHERS.D

On the weekly chart, we see the price returning to the June 2023 low, and we have a noticeable rebound from the support zone.

It is still early but we may have the beginning of a double bottom formation in this zone and this will definitely not be confirmed unless the price comes out of the downtrend and the neckline .

Currencies are still very low and their prices have been pressured significantly, and Bitcoin's dominance in the market is still high, but I think that if this chart is achieved, we will have a very strong and different season from previous seasons .

We'll be back to this chart soon. ⌛️


Good luck ..