BTC cup & handle on daily - indicators convergance

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BTC can possibly form a large cup & handle formation in the coming weeks. Pull back on BTC is expected due to likely ETF approval delay. It could give a chance for indicators to reset and for altcoins to BTC pairs to catch up.

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ملاحظة

Very strong market conditions suggest that the handle may form only after reaching 64k area.

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ملاحظة

ETF approval on time made the price surge past its ATH. Nonetheless, the overall concept remains valid. Current correction can be shallower than I anticipated though.