๐ BTC Price Analysis: Cup and Handle Pattern $120k ATH!
๐ Exciting Times for BTC!
๐ Analyzing the 1D time frame reveals a compelling uptrend with the formation of a promising Cup and Handle pattern.
๐ If BTC continues to adhere to this pattern, the potential for a groundbreaking surge to new all-time highs at $120,000 is on the horizon, as meticulously illustrated in the chart.
๐ Adding to the anticipation is the market buzz around the imminent approval of the ETF, a catalyst that historically has fueled bullish movements.
๐จ Buckle up for a potential ride to $120k!
๐ My analysis suggests this journey might unfold over the next 3+ months.
๐๏ธ Let's ride the waves together and stay tuned for this exciting chapter in BTC's journey!
๐จ Risk Warning: Trading involves risk, and it's essential to conduct your thorough analysis and risk assessment.
๐ Disclaimer: This idea is for educational purposes only and not financial advice. Always do your research and consult with a financial professional before making trading decisions.
๐ #Bitcoin #BTCtotheMoon #TechnicalAnalysis #CupAndHandle #ETFImpact
๐ Analyzing the 1D time frame reveals a compelling uptrend with the formation of a promising Cup and Handle pattern.
๐ If BTC continues to adhere to this pattern, the potential for a groundbreaking surge to new all-time highs at $120,000 is on the horizon, as meticulously illustrated in the chart.
๐ Adding to the anticipation is the market buzz around the imminent approval of the ETF, a catalyst that historically has fueled bullish movements.
๐จ Buckle up for a potential ride to $120k!
๐ My analysis suggests this journey might unfold over the next 3+ months.
๐๏ธ Let's ride the waves together and stay tuned for this exciting chapter in BTC's journey!
๐จ Risk Warning: Trading involves risk, and it's essential to conduct your thorough analysis and risk assessment.
๐ Disclaimer: This idea is for educational purposes only and not financial advice. Always do your research and consult with a financial professional before making trading decisions.
๐ #Bitcoin #BTCtotheMoon #TechnicalAnalysis #CupAndHandle #ETFImpact
ืขืกืงื ืคืขืืื:
Currently, BTC has completed the Cup Pattern and is forming a strong bearish divergence on the 1-hour time frame. This indicates that BTC is now printing the handle, completing the Cup and Handle pattern. Therefore, our intended entry point remains the same: when BTC retests the 60k point in the handle pattern.
Best of LUCK. #BTCtotheMoon