Multiple crypto analysts think the current Bitcoin (BTC) correction is actually “extremely bullish” with BTC up 0.9% in the last week. In a new YouTube video, the anonymous host of InvestAnswers shares a chart from crypto-focused hedge fund Swissblock that suggests BTC could be forming a cup-and-handle pattern, a bullish technical indicator. Explain the Swissblock analysts, “The cup-and-handle pattern is still in play. The neckline break has happened – and it is quite normal to see a retest of the neckline area before the price moves higher. We have that setup now, only the current wave (2) is developing inGo to Source
Author: NixCoin