Bitcoin looks to be in a possible "Cup & Handle" Pattern.
Arguably the worst chart pattern, the cup & handle is notorious for giving false hopes. Especially because the ones that perform as predicted are the ones that look less symmetrical.
If BTC is indeed in a cup and handle the price would jump to 40k in a matter of weeks if not days. A move of that size in that time frame would bring the market back into the spotlight.
Macro-economic factors are also nearing a perfect storm for a rally in the Alts
Arguably the worst chart pattern, the cup & handle is notorious for giving false hopes. Especially because the ones that perform as predicted are the ones that look less symmetrical.
If BTC is indeed in a cup and handle the price would jump to 40k in a matter of weeks if not days. A move of that size in that time frame would bring the market back into the spotlight.
Macro-economic factors are also nearing a perfect storm for a rally in the Alts
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