The price of bitcoin may about to start moving the other direction

As I type, bitcoin is printing a bullish engulfing double bottom reversal pattern.

It also could be called a tweezer:

(Source: https://twitter.com/crypto_rand/status/1181256931022954497)

If this pattern plays out, we could see a move all the way to the next major resistance, which is significantly higher than current prices.

Looking at the chart, it could be somewhere up near $9,300 ish.

That would be a bounce of roughly 20% if you bought those lows around $7,800.

C'mon orange coin!