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Bitcoin is forming a Double Bottom pattern on the 3-day timeframe.
If this structure continues to follow the pattern, the projected upside target stands near $108,000.
🔅 Key Support: $80,600
If a daily candle closes below $80,600, the pattern will be invalidated.
🔅 Even if Bitcoin prints a shadow wick down toward $78,000 and then shows a strong recovery, the pattern can still remain valid — as this would form a hidden reversal structure.
🔅 Spot holders should remain patient and hold their positions. There is no need to panic at this stage.
Structure first. Emotions later.#PreciousMetalsPullBack