Technicals Update: BTC Forming a Historic Pattern

Zoom out. When in doubt, zoom out. The daily chart is noise; the weekly chart is signal. And the signal on Bitcoin is screaming Accumulation.

The Multi-Year Cup and Handle

We are potentially tracking a massive Cup and Handle structure spanning 3 years.

• The Cup: The crash from 2021 highs to the 2022 lows, and the recovery to resistance.
• The Handle: The current choppy consolidation we are enduring.

Technical Targets

If this pattern confirms with a breakout above key resistance:

• Measured Move: Technical theory suggests a target significantly higher than previous ATHs.
• Volume signature: We need to see volume Expansion on the breakout to confirm validity.

Don't Front Run (Too Early)

A pattern isn't confirmed until it breaks.

• Premature Bulls: Get chopped up in the handle.
• Smart Money: Waits for the retest of the breakout level.

Use our Regime Detector to identify exactly when the market shifts from "Choppy" to "Trending."