Boom Boom Boom and Bitcoin is here to stay.
Bitcoin has formed a perfect "Cup with Handle" pattern on weekly chart.
The cup formation started in mid 2022 to mid 2023, lasting for a year long.
We are at the handle now.
If $BTC breaks out, the target measured by the cup depth will be at the same height of 2021 ATH!!!
Bitcoin and cryptocurrencies are delivering strong performance. While the rest of the global markets continue to decline.
Bitcoin remains in its own lane, holding steady. If Bitcoin breaks and surpasses the 28,500$ range, no one can stop it anymore. If it falls below $26,000, it means it will continue to hover around the $24,000 range. It's not the time to sell; it's the time to buy.
After all my analysis I decided to bag more probably going to wait for a year or two after btc halving with a proof of my screenshot below.
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Jbbrotherstech just added more bag to their portfolio
