UPDATE: The Test before the rally for Bitcoin to $146,942?

Bitcoin hit $124,000 and looked like it was only the start of the target to $200,000.

But now, we can see there has been a retrace, a test and now it seems it wants to go up further.

This CUp and Handle is a large one and time is needed for this to play out.

We have the risk and reward levels in place, so we'll now have to wait for it pick up momentum.

Either it can take a few months or a few weeks, all depends on the catapult motion.

MAJOR Cup and Handle forming.
Price> 20 and 200MA
Target 146,942

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