Short

Inverted cup & handle at play

Updated

For Bitcoin its not a perfect inverted cup and handle. But since the SPX is drawing a much nicer C & H, and BTC price is correlating alot, this could become the reality.
Target to the downside is at $5600, something I do believe is not that likely.

Note

Now that we are plummeting is the inverted cup & handle back in play

Note

I see inversed cup and handle all over the place(BTC, ETH, TOTAL, TOTAL2, TOTAL3), and for some charts it looks like its confirming and breaking down (BTC, TOTAL3). Is this the start of the last leg down?

arcone

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