Bitcoin forming a cup and handle on the 1hr. My target is 23000 if we break the neck line.
Long short term. Target 1 34700. Target 2 39000. Stop loss 28000.
Target 1. Short down to 0.618 from ATH to about 27200. Target 2. Long the retracement to the 0.50 Fib level. 34000. Target 3. Short the trend based Fib level to 0.618. 12500