Yesterday, there was another downward move below the $10,200 level in bitcoin price against the US Dollar. BTC retested the $9,900 zone and remained well bid. A strong support base was formed near $9,880 and the price started fresh increase.
It seems like there is a double bottom pattern forming near the $9,880 level. Bitcoin is recovering higher and it surpassed the $10,200 resistance level.
Details:
https://www.newsbtc.com/2020/09/08/bitcoin-could-recover-above-10500/