#BTC/USDT UPDATE:
#BTC is now trading around 68.1k. Bitcoin is pumping after successfully retesting and closing the neckline of a cup pattern on the monthly time frame. So the Possible scenarios are the cup pattern is a bullish pattern, so according to the pattern, Bitcoin looks bullish in the long term. Otherwise If the price dumps and breaks down the neck line and gives a monthly close then the pattern will be invalid and we can see a bearish signal in Bitcoin. Stay tuned with us for further updatesâïž