BTC1! Weekly: Continuation of the handle breakout and gap above the structural high / midpoint confluence. Divergent. Noting upper parallel. 5.357/1 Buyers (excessive)
BTC1! New trend for taking retail traders money : Leave a big CME gap so that everyone start shorting then pump the price non stop and dont let anyone close their shorts , dump the bags at very high prices into their stoplosses and then suddenly drop +10% in very short span of time to liquidate all buyers that think it's just a correction This is happening over and over again in last few months.. scam and manipulation , if there was really interest in the BTC as they saying in the news then why it didnt pump big after Trump elected and get stucked at 76k for 3 days , why most of this move started at low volume weekend.. Another same story , another ponzi pump and dump scheme
BTC1! Cup & Handle with range expansion in week 34 of the handle. Cautious approach as the dashed pink line not only represents a structure high but also an upper parallel. Also note that this is a 4th attempt at the highs (normally continuation). A rejection here would be from the near term double top / upper parallel but with the pattern intact the objective appears achievable. 2.0178/1 Buyers.