Is Bitcoin about to form a cup and handle?
The price of Bitcoin has been consolidating for almost two months. It is forming a rather odd shaped pattern at the moment. Could it be that, it is forming a cup and handle pattern? It is currently becoming less volatile at the moment, which means something huge is coming.
https://cointelegraph.com/news/bitcoin-price-dips-below-crucial-33k-support-as-bitfinex-whales-shorts-with-over-5-000-btc
Those who short are in a euphoric state as the number of shorts keep increasing. I am just staying still at the moment and waiting to see what happens. Just keeping cash in cash Bitcoin dips, then I will go and get some more Ethereum, Cardano, BNB's and etc.
My strategy is simple. Just keep accumulating when I have the chance. I don't think its good to change back any cryptos and keep it back as fiats. The world has been constantly in money printing mode and it hasn't stopped.
