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BITCOIN - Cup n Handle Patterns

Short
KRAKEN:BTCUSD   Bitcoin
BITCOIN 4 hr. Chart Analysis
This Bitcoin Analysis based on previous 1-year cycles of DOWN-UP performing pattern of CUP n HANDLE. So, first one CUP was in DOWN side that indicates HANDLE at Uptrend Pattern, while second one is in Reversal mode of CUP indicates into UPPER mode n HANDLE that will be shown the indications of soon Downtrend into coming days.

As per Pattern, the Ratio of CUP n HANDLE pattern growth up to 1/2 to 1/3 ratio of cut-off marks, it shows that soon BTC will be into Downtrend cycle of minimum $28-26k while maximum up to $24.8k to $22.5k approx.

Always #DYOR and Trade wisely by using of #StopLoss

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