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🚨 Bitcoin Macro Structure Update 👀
$BTC is currently shaping a potential Cup & Handle formation on the higher timeframe — a pattern often associated with continuation of bullish momentum.
The “Cup” structure appears largely formed, while the “Handle” is still in progress, suggesting the market is in a consolidation phase before a possible breakout attempt.
A confirmed break above handle resistance with strong volume would be the key trigger for continuation into the next expansion phase 📈
Sentiment is currently cautious in the market… but historically, this is often where larger players start positioning ahead of volatility.
#MarketOverloadWeek #SchwabCryptoGoesLive #TradeStocksOnOKX
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