Just monitoring BTC now—the bull is still holding the 200MA on the 1 hour timeframe, which makes it solid support. From here, it looks like a pink cup is forming; the structure is fairly large and it seems the breakout is still in the early stages. If this pink cup pattern plays out, the target that may be reached is around $79.448. Right now, the price is still in the $77.61K area, so there’s still room for movement. This pink cup and handle setup is worth watching, but as always, do your own research (DYOR) and manage risk properly. The breakout could come at any time 🔍 #BTC #Trading #Crypto

BTC-1,79%
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