Giant bullish cup and handle breakout for Bitcoin, target 130k

15 Kas

https://www.tradingview.com/x/kCRRl8vf/

Bitcoin formed and broke out of (confirmed on the daily) a giant cup and handle pattern. Odds are now in favour of reaching 130k as a measured move.

15 Kas

Not

We do have major resistance around 90k, indicated by the yellow trendline. If we can confirm above this, then 130k should be reached.