Hi guys,

Was analyzing the price movement of BTC and by the looks of it seemingly having a triple bottom at a price of around 7000 and other indicators also seemingly support this text book theory.

I am still very much early into my Technical Analysis and from the theory I have read, seemingly a triple bottom occurs in a long downtrend and a sign of a bullish reversal. I honestly dont have any experience dealing with this kind of situation so was just wondering if anyone can give me a approximation of the probability of this taking place? If so what kind of run up can we expect?

Hope I am clear in what I want to ask.

Thank you