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Bitcoin has reclaimed $62,000 just a few days after “Crypto Black Monday,” with traders pointing to a bullish pattern on the seven-day price chart, which signals Bitcoin may have hit its floor. “Bitcoin is seeing a massive green weekly candle with a huge wick,” crypto trader Matthew Hyland said in an Aug. 8 analysis video as Bitcoin crossed $61,000. “This is currently forming into a massive bull hammer on the weekly time frame,” he said, adding it is highly probable that the bottom is “now in for Bitcoin for this whole structure.” On Aug. 8, Bitcoin (BTC) briefly touched $62,510 before pulling…

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