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BITCOIN Cup and Handle completed. Next stop $77500.
Bitcoin
Long
BITCOIN Cup and Handle completed. Next stop $77500.
By TheCryptagon
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Oct 8, 2024
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Oct 8, 2024
Bitcoin / BTCUSD has found support on its 1day MA50 and that support appears to have completed a major pattern.
That is the Cup and Handle, with the Handle being the one to find support on the 1day MA50.
A 1day candle closing over the 1D MA200 will confirm the upside break out.
The target is the 2.0 Fibonacci level (77500).
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Bitcoin (Cryptocurrency)
BTC
BTCUSD
Chart Patterns
crypto
Cryptocurrency
Technical Indicators
Trend Analysis
TheCryptagon
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