Get started
maeddy08

Bitcoin's Inflection Point: Cup, Handle, and the ETF Factor

Long
Bitcoin (BITSTAMP:BTCUSD)  
maeddy08  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Cup And Handle
1
1
trendanalysis chartpattern cupandhandle
Amidst Bitcoin's persistent rally and signs of a bullish cup and handle formation, we approach a pivotal moment. The anticipated BTC Spot ETF could be the spark for the market, possibly driving BTC towards $70K. While some view Bitcoin's volatile journey as a divergence from its original purpose, its evolution into a 'store of value' could be cemented by such milestones. Despite skepticism, Bitcoin's narrative adapts and endures, with ETFs possibly ushering in a new era of valuation
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.