BTC short-term BULLISH (Massive cup and handle forming on daily)

Bitcoin appears to be forming a massive cup and handle formation on the daily timeframe. This formation has been in play since early 2019. BTC is looking to re-test $4200, at which point it will be rejected back down to ~$4027. This will mark the completion of the handle, at which point BTC will shoot up into the $5000 area. Whether or not it will be rejected then remains to be seen, however it is looking bullish in the short-term.

Trade fermée: cible de profit atteinte