BTC looks to be forming a Cup and Handle pattern.
If this pattern plays out, we could see a BTC breakout once the major downtrend resistance line is broken.
However, there are major resistances in play. Major downtrend line and $12k resistance cluster could keep BTC suppressed from major upside moves.
Happy trading!
If this pattern plays out, we could see a BTC breakout once the major downtrend resistance line is broken.
However, there are major resistances in play. Major downtrend line and $12k resistance cluster could keep BTC suppressed from major upside moves.
Happy trading!