Bitcoin “Throwback” Could Trigger Flawless Technical Bottom Formation

Bitcoin price is struggling after failing to make it above resistance last month. Combined with the recent pressure on the crypto market applied by the US SEC, things aren’t looking great for bulls.
However, the correction has stopped precisely at a key level that could indicate a “throwback” is in process. If confirmed, BTCUSD could trade above $40,000 per coin in the near future.
A Closer Look At The Technical Bottom Formation In Crypto
The study of technical analysis uses pa