Would anyone like a cup of Bitcoin? ☕

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Possible Cup and handle formation on Bitcoin's chart.

We need the price to go back up to the neckline and hope for a breakout. If that happens, I'll update this ideia with the expected target.
Breaking below the critical Fibonacci levels shown on the chart would hurt this analysis.

Cheers.

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ملاحظة

We've just had another minor cup and handle!!



Right on the neckline at the moment. If volume manages to stay above average, we can enter a trade with the target @ 66,2k!

Also, cups inside major cups strenghten the main pattern.

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ملاحظة

Rejection
Minor cup didn't work as expected.



Overbought on RSI and not enough volume