BitcoinLong
BTC vs XAU (Gold) Cup and Handle
On the weekly chart of Bitcoin (BTC), we can see the formation of a massive Cup and Handle pattern 📈☕. This pattern is well-known as a bullish indicator, suggesting a potential continuation of the upward trend 🚀. To better understand the implications of this pattern, we can compare the performance of Bitcoin with gold (
XAU) 🪙 vs. 🟡.
In the past, gold displayed a similar pattern, which was followed by significant price increases 💰. If Bitcoin follows a similar trajectory, we could anticipate considerable appreciation in the near future 📊.
BTC), we can see the formation of a massive Cup and Handle pattern 📈☕. This pattern is well-known as a bullish indicator, suggesting a potential continuation of the upward trend 🚀. To better understand the implications of this pattern, we can compare the performance of Bitcoin with gold (XAU) 🪙 vs. 🟡.In the past, gold displayed a similar pattern, which was followed by significant price increases 💰. If Bitcoin follows a similar trajectory, we could anticipate considerable appreciation in the near future 📊.
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