Bitcoin Cup and Handle

27 jul

Bitcoin has form a rounding bottom and handle this is bullish pattern and if it breakout we can go to 112K-130K for the next leg up we should also consolidate at this range for a few months before making a next leg up to 180k. This can also be the top for this cycle if we go to the 3.618 fib level. Bearish side of this if we reject here we can form 3 lows and a triple top which will most likely end with a lower low then last month .