Bitcoin price is testing a widely-watched technical setup dubbed the “Trinity Bottom,” with traders debating whether the current move will spark a fresh leg higher or signal an impending crash.
While sentiment remains muted, data shows capital is flowing back into crypto at an aggressive pace.
The leading cryptocurrency traded near $83,500 on April 5, up from intraday lows of $81,300 earlier this week.
Yet traders remain split over whether the market has found a sustainable floor.
Trinity Pattern Flashes For Bitcoin Price—Again
In a post on X, trader Merlijn described the return of the “Holy Trinity Bottom,” a recurring three-phase setup seen before 81% average Bitcoin price rallies.
The pattern, which has triggered twice since 2023, appeared again this week.
BTC/USD 2-D price chart. Source: Merlijn the Trader/X
“It just triggered again,” Merlijn noted, suggesting the setup could pave the way for an upside breakout.
The chart showed Bitcoin price reboun
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