Bitcoin up season ??

[Criptotusker]

Is this next up circle of BTC? BTC 1D Chart created double bottom pattern. 👇👇
https://m.facebook.com/story.php?story_fbid=2084036995175135&id=100007065642754

[mk4]

A double bottom doesn't guarantee a price increase. I'm not a pro trader or "analyst" by any chance, but I'm pretty sure we've had a lot of double bottoms in the past whereas it didn't end up having a bull run. Time will tell, though.

[kingofrogues07]

No one could know except whales. When they fill their bag full it's up time. I don't believe graphics or techinal analysis.

[Xester]

It is still unclear if bitcoin can recover at this moment. If you have read three exchanges in Japan have closed due to failure to comply with the strict regulations set by the Japanese Government. Also in India exchanges are shutting down. The price increase may be temporary and soon it will go down the moment those bitcoin holders in Japan and Indonesia will sell their bitcoin in panic.