BTC cup & handle to 10,550

Looking at the 2hr chart, BTC is potentially forming a cup and handle patter. The dip to 9,5xx has recovered back to original value or more. Watch for a slow dip to form the handle. In a proper cup and handle patter the move up should continue and break through resistance to reach next target. For us this is 10,5050. But if price continues downward and breaks below 10k, we could see another sell off. I would expect this to also be bought up quickly but we will have to wait and see what happens in the next 12 - 24hrs.