๐จ $BTC Weekly Analysis: Cup and Handle Pattern Alert ๐จ
I've been closely watching Bitcoin's weekly chart, and we're seeing a textbook Cup and Handle pattern forming. This setup is usually a strong bullish continuation signal, and I'm ready to jump in if we break out above the handle.
๐น Entry Point: Around 66k-67k upon a confirmed breakout. ๐น Target: Aiming for 130k. ๐น Leverage: Suggested max 10x leverage. Starting with 30% of the position size, keeping 70% for DCA. ๐น Stop Loss: Placing it below the handle with a weekly close as confirmation.
This could be a major move, so proper risk management is key! Letโs see how the market unfolds. ๐น๐
