Traders,

My anticipated Cup and Handle pattern looks, indeed, to be forming. The question remains on whether it will play out or not. If bulls are able to break that neckline at $24,200 then, over the next few weeks to months, I do expect them to continue to pull Bitcoin towards that target of 33-35k. Seems hard to believe I know but this is what the technicals on the chart are showing. Watch closely and trade accordingly. I will begin regularly trading again should we break that handle neckline.

Best,
Stew