Bitcoin: Daily Double Bottom Pattern Forming
Trader Tardigrade flagged a double bottom pattern developing on Bitcoin's daily chart in a post dated October 13, 2026.
SourceAnalysis
Bitcoin is tracing a double bottom on the daily timeframe, according to a post from @TATrader_Alan.
Price sits at $83374.97, wedged between the EMA50 at $83457.79 acting as immediate resistance and the EMA200 at $82300.0 providing deeper support. The MACD registers a bullish golden cross at -84.5 while RSI holds neutral at 51.48, leaving room for continuation. With price pressing the upper Bollinger band at $84154.07, a measured pullback toward the lower band near $82135.89 would align with the double-bottom neckline before any sustained advance.
Trader Tardigrade
@TATrader_AlanTechnical chartist and crypto content creator focused on Bitcoin and altcoin pattern analysis.