Bitcoin cup and handle forming
Bitcoin CRYPTO:BTCUSD
MichaelM00
Viewing
BTC
weekly with 55-day SMA bollinger bands suggest a cup and handle forming. The previous bull run high in 2021 to the current year's high forms the cup. If
BTC
loses support at current levels a handle may form stretching down to $40K and not recovering to +$60K until late Q4 '24.
