Milati

Bitcoin start of a cup and handle scenario?

Long
Milati Updated   
COINBASE:BTCUSD   Bitcoin
Will bitcoin just catapult higher?
I think a correction is a decent possibility. If a correction would come now, a cup and handle scenario could come in to play with a bounce of the 5000 level.

Everyone was talking about 6000 being a key level, i think we broke it now. So another possibility could be that 6000 is a strong support now which we might not even go under.

What are your thoughts?

Lets see what happens :)
Comment:
I want to add that i would like for this to happen since i would like to buy some more BTC at a cheaper price :)
Order cancelled:
I completely underestimated the amount of FOMO that would kick in. BTC was stronger than i thought. :)

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