Oct 1 • 📊 Chart Markups & Analysis
💡 BTC Cup & Handle Update
On the daily timeframe, Bitcoin has broken out of its downtrend while holding above the neckline of a major Cup & Handle formation.
- Measured Move Example: ~145K (not a guarantee)
- Key Level to Watch: Daily closes above the neckline
- Invalidation: A break back below the neckline would negate this pattern
📚 Educational Note: Cup & Handle patterns are classic bullish continuation structures. They don’t always play out perfectly, but they highlight how market structure can provide both potential targets and risk levels.
👉 Question for you: If BTC were to make this measured move, how would it affect your portfolio positioning or trade plan?
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💡 BTC Cup & Handle Update
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