"I've identified a Cup and Handle reversal pattern in the BTC market. The cup formation, which began at $1,950, represents a rounded bottom with a clear buying interest. The subsequent handle, currently forming between $1,920-$1,930, indicates a consolidation phase prior to a potential breakout.
Key technical levels:
Resistance: $96721 (cup rim)
Support: $94748 (handle base)
Breakout target: $10000 (measured move)
A successful breakout above the cup rim could confirm the reversal, triggering a new uptrend in BTC."