A "Double Bottom" is a technical analysis pattern that indicates a potential reversal in a downtrend. It occurs when the price of an asset, such as a stock or cryptocurrency, drops to a low point, rebounds, and then drops again to a similar low before rising. This pattern resembles the letter "W" and suggests that the asset has found strong support at the lower price level. Traders often look for a breakout above the peak between the two lows to confirm the pattern. The Double Bottom pattern is considered a bullish signal, as it implies that buyers are stepping in, potentially leading to a price increase.