BITCOIN Cup and Handle. 1W MA50 remains the catalyst!BitcoinCRYPTO:BTCUSDTradingShotBitcoin's (BTCUSD) long-term price action in the past 5 years (since the November 2021 Cycle Top), can be viewed as a Cup and Handle (C&H) pattern. Not an exact/ traditional/ technical as the Handle, which is almost the entire latest Bear Cycle in the form of a Channel Down, is higher than the Cup's Resistance line. But still very close to what a C&H should represent. And that's a bullish break-out after the Handle has found Support. That break-out confirmation would technically come only if a weekly candle closes above the 1W MA50. So far that hasn't happened, in fast both last 1W candles broke above it but they reversed and closed below it, which so far adds bearish pressure. If the break-out does happen, expect a straight transition to an aggressive Bull Cycle like in March 13 2023. Until then and if 1W MA50 rejections keep happening, a last drop towards October is possible. This is the month that concludes the traditional 1-year Bear Cycle model and from a timing perspective, that's a Buy Signal. From a break-out perspective, it's a closing above the 1W MA50. Our long-term investment approach through BTC Cycles have always included both, ensuring that we wouldn't miss a Bull Cycle when it was confirmed. What do you think will happen first? 1W MA50 break-out or last drop trough October? Feel free to let us know in the comments section below! --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇