Bitcoin's recent double bottom pattern indicates an upward movement. After breaking a new all-time high above $125,000, the next resistance level for BTC is between $140,000 and $150,000.
"Recent price action has painted a double bottom. The technical analyst among you will know that this typically signals that the next move is likely up and to the right. And lo and behold, BTC recently broke a new all-time high above 125K. The next resistance to look out for is 140 to 150K. And the same players who drove prices down have likely bought the dip and could push prices higher to maximize their gains and hours in the process. Hey, maybe it's even happened by the time that you've seen this video."
