1/5:
In the volatile world of crypto, web3, and blockchain trading, spotting reliable patterns can be a game-changer. The Cup and Handle is a classic bullish continuation pattern that signals potential upward momentum after a consolidation phase. Popularized by William O'Neil, it's especially potent in crypto due to the market's rapid cycles. Let's break it down for #CryptoTrading and #Web3 enthusiasts.
Bitcoin closed March at $68,215 (RSI 44🔵)
As said before, I would not be surprised if BTC dips below 200w moving average ($59k) and realized price ($54k) before next leg up towards S2F $500k levels ($250k-$1m range). Interesting times head.