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Bitcoin:Possibility of cup and handle pattern. Target 85/000 $.

Long
BITBAY:BTCUSDT   BTC / USDT
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The price went according the analyze and reached the range of $ 35,000.
What will be the move of Bitcoin now?
My analysis is this( daily timeframe ): according (( cup and handle pattern)).
It will reach the range of $ 44,500 to $ 45,000, and after a little correction, it will reach the price of $ 55,000 and then $ 63,000.
It will rest there for a while ( handle) and after breaking the trend line of handle" it can rise to the range of $ 85,000 and then $ 100,000.(During 3 months)
Comment: The short-term target is $ 38,150. Be careful to reduce the price and form a head and shoulders pattern there.

Comments

Great analysis.
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Possible agree
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