Good day traders!
As you can see BTC is printing a very similar "cup and handle" pattern from back in 2015 that resulted in the most amazing bull run in recent history.
Just like in 2015 price has bounced off 200 SMA line and broke above 100 SMA line.
If this fractal continues to play out, a pullback to 100 SMA is possible before continuing the bull run. The current bull run could prove to be even more spectacular!
As you can see BTC is printing a very similar "cup and handle" pattern from back in 2015 that resulted in the most amazing bull run in recent history.
Just like in 2015 price has bounced off 200 SMA line and broke above 100 SMA line.
If this fractal continues to play out, a pullback to 100 SMA is possible before continuing the bull run. The current bull run could prove to be even more spectacular!