Bitcoin Cup & Handle Formation

6 thg 8

Bitcoin appears to have developed a large "Cup & Handle" formation. This would suggest that the "Volmageddon 2.0" that we just had is a temporary event, the VIX spike marking a low in risk assets.

6 thg 8

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Nothing but bullish price action so far

21 thg 8

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This is now being called into question because of how it has stalled. A reversal may be in progress: