Cup and Handle on the daily chart confirmed. BTC to hit new ATH
The breakout price from the Cup and Handle pattern in October has been successfully retested as support. Looking at he big picture Bitcoin continues to post a series of higher highs and lows. Ignore the naysayers. We are still in a bull market and the crypto sector is the hottest ticket in town. DeFi, NFT's and Metaverses are now mainstream headlines and the world is beginning to see that crypto is more than just "magic money".
The momentum indicators are turning positive and the price is about to breakout from the most recent sideways resistance trendline. Following a successful breakout of this trend a new high is possible , which with sufficient volume to fuel a rise could see BTC test 80K.
Boom Shanka
The momentum indicators are turning positive and the price is about to breakout from the most recent sideways resistance trendline. Following a successful breakout of this trend a new high is possible , which with sufficient volume to fuel a rise could see BTC test 80K.
Boom Shanka
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