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Bitcoin Analysis 5/1/22 Pt 3 (Inverse Cup and Handle)

Bitcoin Analysis 5/1/22 Pt 3 (Inverse Cup and Handle)

Bitcoin Analysis 5/1/22 Pt 3 (Inverse Cup and Handle)

Bitcoin Analysis 5/1/22 Pt 3 (Inverse Cup and Handle)

BTCUSDT Perpetual Contract BYBIT:BTCUSDT
NeutronMan


Bitcoin Analysis 5/1/22 Pt 3 (Inverse Cup and Handle)

Bitcoin appears to be forming an Inverse Cup and Handle Pattern on the 1 HR Chart. The Price target for this pattern is $36.5k which is also the same price target of the Diamond Consolidation Pattern which I mentioned a few days ago.

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