Bitcoin Cup and Handle pattern
There is little doubt that Bitcoin Has created a Cup and Handle pattern but the real question is, Which do you believe is more accurate.
The LOGARITHMIC chart shown has a measured move to 128K in time ( by end of August if it follows the upper line of resistance since 2017)
The LINEAR chart however only goes to $42400 and probably within the next month or so
https://www.tradingview.com/x/03xGv3Hz/
For me, I am prone to follow the Linear chart for a number of reasons, the bigger of which is that it ties in with so many other ideas. Confluence is Vital
In time, we Will push higher but I find little to show a New ATH this year , Next year is the Key and 2025 also shows promise
Keeping it simple for now..
Stay safe
The LOGARITHMIC chart shown has a measured move to 128K in time ( by end of August if it follows the upper line of resistance since 2017)
The LINEAR chart however only goes to $42400 and probably within the next month or so
https://www.tradingview.com/x/03xGv3Hz/
For me, I am prone to follow the Linear chart for a number of reasons, the bigger of which is that it ties in with so many other ideas. Confluence is Vital
In time, we Will push higher but I find little to show a New ATH this year , Next year is the Key and 2025 also shows promise
Keeping it simple for now..
Stay safe
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.