BTCUSDT Analysis: Eyeing 'Cup and Handle' at 67K Support
"Currently observing
BTCUSDT
as it continues its correction phase, finding a pause at the crucial 67,000 level. This appears to be a healthy pullback for the asset. Notably, there's an emerging possibility of forming the 'handle' part of a 'Cup and Handle' pattern on the daily chart, suggesting potential bullish momentum ahead. I'm keeping a close watch on this development and will be looking for confirmatory signals for the completion of the pattern. What are your thoughts on this setup?"
BTCUSDT
as it continues its correction phase, finding a pause at the crucial 67,000 level. This appears to be a healthy pullback for the asset. Notably, there's an emerging possibility of forming the 'handle' part of a 'Cup and Handle' pattern on the daily chart, suggesting potential bullish momentum ahead. I'm keeping a close watch on this development and will be looking for confirmatory signals for the completion of the pattern. What are your thoughts on this setup?"