$Bitcoin cup & hanlde bottoming pattern

1 Jun 2023

BTCUSD is showing a bullish divergence with its ROC.

This may indicate a bullish move toward the $30,000 resistance level.

Inside the cup, there is a low cheat pattern with pivot at $28,500 which could be a good first entry.

Still, the crypto space hasn't been showing much strength relative to the the stock market. So why own it?

At least not for now.

I'll wait for the price to be above $30,000.