Weekly Cup and Handle Targeting 124k

Just noticed this, no drawing here - TradingView's built-in cup and handle indicator is drawing a bullish cup/handle on the weekly Bitcoin chart, targeting 124k approx.

Neckline is around 67k, which should be our next target if Bitcoin can hold a local support level between 60-62.5k and not lose 56.5k on the weekly.

Here's what that looks like on the linear chart, chart above is log:



Good luck!