BitcoinLong
Bitcoin Cup & Handle Formation
Bitcoin appears to have developed a large "Cup & Handle" formation. This would suggest that the "Volmageddon 2.0" that we just had is a temporary event, the VIX spike marking a low in risk assets.
Note
Nothing but bullish price action so far
Note
This is now being called into question because of how it has stalled. A reversal may be in progress:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.