Could we be seeing an inverse cup and handle pattern forming here? Looks pretty close to one if you ask me. We have this trendline that has yet to be broken since the high of $69k for Bitcoin back in April 2021. I have a hunch Bitcoin will possibly try to break this yellow descending trendline and then make for a serious correction to the downside possibly down to the 
12K range. Gareth Soloway is the one I saw this trendline with but i have not seen anything on this cup formation as of yet.
12K range. Gareth Soloway is the one I saw this trendline with but i have not seen anything on this cup formation as of yet. 
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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.