While I was looking back at / patting myself on the back for this positively identified large-scale Cup-and-Handle pattern on 
BTC that I called out in Feb '24 I couldn't help but notice another one, on an even larger time scale.
I don't make the rules:BTC to $275k. Not today, not tomorrow or next week, but by the end of the cycle- I would be shocked if this doesn't play out.
With
M2V already starting to make a run back to the upside and rate cuts seemingly just around the corner, JPOW seeming dovish, election szn, the list goes on...
Things could get wild very soon. IMO-- job's not done, hold on tight!
BTC that I called out in Feb '24 I couldn't help but notice another one, on an even larger time scale. I don't make the rules:
BTC to $275k. Not today, not tomorrow or next week, but by the end of the cycle- I would be shocked if this doesn't play out.With
M2V already starting to make a run back to the upside and rate cuts seemingly just around the corner, JPOW seeming dovish, election szn, the list goes on...Things could get wild very soon. IMO-- job's not done, hold on tight!
Note
Backtest in progress!Note
Structure still in tact.Note
Granular view of the backtest shared here: 
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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.