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SCENARIO 2- BITCOIN WEEKLY CHART (STRONG MOMENTUM to the upside)
In this analysis I see a Cup and Handle formation likewise a Bull Flag formation ((reason why i foresee next (highs) target for Bitcoin to be within the 100k-104k range)).
As for Cup & handle price objective sits at 125k.
We see how PA unfolds in the coming weeks and months.
Bitcoin has gathered strong momentum to the upside. No doubt there will be retracements on its journey but caution is required when SHORTING Bitcoin at this time.
As for Cup & handle price objective sits at 125k.
We see how PA unfolds in the coming weeks and months.
Bitcoin has gathered strong momentum to the upside. No doubt there will be retracements on its journey but caution is required when SHORTING Bitcoin at this time.
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