Not a financial advisor!
I think that double bottom scenario is becoming less probable.
If BTC goes higher...BTC.D will go up most likely creating a lower high as the RSI is almost reaching it's top!
(When BTCUSD was at 65k everyone was calling for 100k)
(Now BTCUSD was at 36k everyone is calling for 20k)
I am now looking at BTC.D as the descending triangle formation (before considering the double bottom formation)!
This descending triangle scenario is bullish for ALTS would make sense with the TOTAL3:
I think that double bottom scenario is becoming less probable.
If BTC goes higher...BTC.D will go up most likely creating a lower high as the RSI is almost reaching it's top!
(When BTCUSD was at 65k everyone was calling for 100k)
(Now BTCUSD was at 36k everyone is calling for 20k)
I am now looking at BTC.D as the descending triangle formation (before considering the double bottom formation)!
This descending triangle scenario is bullish for ALTS would make sense with the TOTAL3:
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