Just noticed this cup and handle pattern forming on the BTC 1h chart. I'm not saying we're out of the bear market by any means, but this might be a nice setup for some relief from the general downtrend.
It's worth watching at least to see what happens in the coming few days.
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Not looking good right now unless we see a significant recovery off of the 200 MA on the 4h chart, which would widen the cup and move the handle over a bit farther with a similar price target of $8363 should the pattern actually complete.