āļāļīāļāļāļāļĒāļāđāđāļāļīāđāļĄāļāļķāđāļ
ðĨ Bitcoin's Biggest Cup & Handle Ever: Fibonacci Golden Pocket!
In this analysis I want to discuss the possibility of Bitcoin forming massive cup and handle pattern, spanning over nearly 3 years.
With the halving coming up, Bitcoin's short-term price outlook has turned out sour. With this signal I want to prepare ourselves for the possibility of Bitcoin giving away all of 2024's gains and retesting the 40k-35k area.
My long-term price outlook is very bullish. It's a matter of time before BTC blasts through 100k.
By combining the cup and handle pattern with Fibonacci's golden pocket (0.65 to 0.618 retracement, purple area for sumplicity), I think we're combining two very strong narratives.
1) Bitcoin's bullish long-term outlook.
2) Bitcoin's short-term bearish outlook, fueled by the halving's potential sell-the-news event.
If BTC will somehow hit the 40k-35k area over the next few months, I think it will be an amazing time to step into the market for a move that takes us >100k.
Share your thoughts ð
With the halving coming up, Bitcoin's short-term price outlook has turned out sour. With this signal I want to prepare ourselves for the possibility of Bitcoin giving away all of 2024's gains and retesting the 40k-35k area.
My long-term price outlook is very bullish. It's a matter of time before BTC blasts through 100k.
By combining the cup and handle pattern with Fibonacci's golden pocket (0.65 to 0.618 retracement, purple area for sumplicity), I think we're combining two very strong narratives.
1) Bitcoin's bullish long-term outlook.
2) Bitcoin's short-term bearish outlook, fueled by the halving's potential sell-the-news event.
If BTC will somehow hit the 40k-35k area over the next few months, I think it will be an amazing time to step into the market for a move that takes us >100k.
Share your thoughts ð
ðŊOfficial Channel: t.me/FieryTradingChannel
ðTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
â Monster Signals: t.me/monster_cryptosignals
ðĨPremium Signals: fierytrading.com
ðTry my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
â Monster Signals: t.me/monster_cryptosignals
ðĨPremium Signals: fierytrading.com
āļāļēāļĢāļāļģāđāļŠāļāļāļāļĩāđāđāļāļĩāđāļĒāļ§āļāđāļāļ
āļāļģāļāļģāļāļąāļāļŠāļīāļāļāļīāđāļāļ§āļēāļĄāļĢāļąāļāļāļīāļāļāļāļ
āļāđāļāļĄāļđāļĨāđāļĨāļ°āļāļāļāļ§āļēāļĄāđāļĄāđāđāļāđāļĄāļĩāļ§āļąāļāļāļļāļāļĢāļ°āļŠāļāļāđāđāļāļ·āđāļāļāđāļāđāļŦāđāđāļāļīāļāļāļīāļāļāļĢāļĢāļĄāļāļēāļāļāļēāļĢāđāļāļīāļ, āļāļēāļĢāļĨāļāļāļļāļ, āļāļēāļĢāļāļ·āđāļāļāļēāļĒ, āļāđāļāđāļŠāļāļāđāļāļ° āļŦāļĢāļ·āļāļāļģāđāļāļ°āļāļģāļāļĢāļ°āđāļ āļāļāļ·āđāļ āđ āļāļĩāđāđāļŦāđāļŦāļĢāļ·āļāļĢāļąāļāļĢāļāļāđāļāļĒ TradingView āļāđāļēāļāđāļāļīāđāļĄāđāļāļīāļĄāļāļĩāđ āļāđāļāļāļģāļŦāļāļāļāļēāļĢāđāļāđāļāļēāļ