Bitcoin Price Analysis: $BTC Price on Recovery Track; Time To Buy?

Bitcoin Price Analysis: The Bitcoin price has experienced notable progress in its bullish momentum, evidenced by a series of four consecutive green candles observed on the daily chart. This upswing could be associated with the formation of the double bottom pattern, which results in significant price recovery upon the breakout of its resistance trendline. Thus, the rising BTC price soon challenges the $27500 and validates whether buyers can sustain higher levels or not.