Bitcoin price news: BTC zoomes above $65,000 as bullish ‘double-bottom’ hopes build

https://www.coindesk.com/markets/2026/02/25/bitcoin-bounces-above-usd65-000-as-dollar-weakens-and-double-bottom-hopes-build

19 Comments

  1. I’m going to be honest, this might be the most hilarious cope I’ve ever seen. And I’ve seen a lot.

  2. This bullish double bottom looks almost exactly like the pattern we had around 90k and that wasn’t bullish at all, in hindsight

  3. Zoom out and it’s still a failing ascending wedge. Technical analysis is about as useful as reading tea leaves. Actually less, because at least you can drink the tea when you’re done.

  4. Legitimate_Cry_5194 on

    Give me a piece of paper, a pen and a price history chart and I’ll do a technical analysis and highlight a gazillion patterns that worked in the past that won’t longer work from tomorrow and you’ll get rekt if you trade based on them.

    60K appears to be robust support thus far, It’s too early to confirm a bottom though. 100K was robust support for many months too and now price is in the 60’s.

  5. MarioWilson122 on

    Yeah the hopes keep building and being disappointed over and over. So until real movement comes its best to keep expectations low.

  6. Modeling trends and whatever other triple , double bottoms theory has never proven to have any statistical predictability

  7. nahbrowhatuptho on

    Sometimes I like to think about how many thousands of articles there are like this. Thousands of web pages full of some bitcoin price analysis that will only be relevant for a couple days. Like whoopdee doo, its back up 3% after it went down 3% yesterday. Let’s write an article about it.