CUP AND HANDLE PATTERN WHAT'S NEXT?
Hello Everyone,
This is our BTC chart for today as we will see a perfect cup and handle pattern in 4hrs and this will be re-tracement. Reacted and trying to reach the 10,000 again. If Bitcoin won't reach the said price it will bounce back to the Blue box in the support area which is the 9000-8000. If will fall what will happen? for me based on the history that price holds the last year that price is the moment when the btc fall from 10k down to 3,9k.
The blue box is not safe to buy, the green box is safe to buy but the red box is the best to among the rest buy!
Question is it possible that bitcoin will rise in spite of bad news ex. CEO leaving TON in telegram, Lots of closure of Bitcoin miners companies, etc?
I believe the bitcoin will still rise but not totally in sky rocket why? because of these exchanges that implemented "futures" traders and whales not holding too much of bitcoin instead they're buying USDT and hold it.
This is our BTC chart for today as we will see a perfect cup and handle pattern in 4hrs and this will be re-tracement. Reacted and trying to reach the 10,000 again. If Bitcoin won't reach the said price it will bounce back to the Blue box in the support area which is the 9000-8000. If will fall what will happen? for me based on the history that price holds the last year that price is the moment when the btc fall from 10k down to 3,9k.
The blue box is not safe to buy, the green box is safe to buy but the red box is the best to among the rest buy!
Question is it possible that bitcoin will rise in spite of bad news ex. CEO leaving TON in telegram, Lots of closure of Bitcoin miners companies, etc?
I believe the bitcoin will still rise but not totally in sky rocket why? because of these exchanges that implemented "futures" traders and whales not holding too much of bitcoin instead they're buying USDT and hold it.
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