Crypto: These 4 Bitcoin Charts Say BTC Price Is Forming A Bottom 2026

Crypto: These 4 Bitcoin Charts Say BTC Price Is Forming A Bottom 2026

Bitcoin’s recent pullback toward $60,000 was likely a buy-the-dip opportunity with the price set to recover, several key technical indicators suggested.

While Bitcoin (BTC) remains more than 42% below its $126,000 all-time high, several technical setups suggest that the price range between $60,000 and $72,000 may be the new bottom range, before a sustained recovery.

Bitcoin’s double bottom pattern suggests that a reversal is underway.

A bottom may form in the coming weeks as the BTC-gold ratio revisits previous cycle lows.

Bitcoin price is retesting a multi-year trend line that has marked previous market bottoms.

Bitcoin recovered 21% to a 30-day high of $74,000 from its multi-year low of $60,000 reached on Feb. 6, before retracing to $72,500 on Thursday.

Crypto analyst Jelle said that an “Adam and Eve bottom is still playing out” on Bitcoin’s 12-hour chart.

An Adam and Eve bottom is a bullish reversal chart pattern indicating a shift from a downtrend to an uptrend. It is a variation of the classic double-bottom pattern, which appears after a downtrend and signals that selling pressure is likely easing.

Related: Bitcoin’s bullish momentum accelerates but topping $78K remains a challenge

The pattern confirmed when the price broke out and closed above the neckline (the peak between the two bottoms) at $70,000 on Wednesday, as shown in the chart below.

Source: CoinTelegraph