The enormous Cup & Handle can easily be seen on this WEEKLY chart. I personally do not recall ever seeing a cup this grand. The cup formation dates back to January 2014 Beautiful reversal candle is evident once it hit 6000 Stoch RSI is set up on weekly Macd is nearly set up if BTC wants to remain in the extreme long term uptrend
These low price levels may not be seen again for a very long time if ever
Initial target 25k Secondary target 40k
I originally published this privately on Jan 16 but I wanted to share it with the public as I did my original Bearish BTC chart back in December that has since remained somewhat true
Happy Trading
Note
imho last chance to board this train. new highs incoming
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.