$BTC Both Sides Of The Trade 1W Outlook

$BTC is at an important crossroad for price action.

Bullish Picture 📸
On the bullish side of the trade price, action is bullishly retesting the red cup and handle breakout with a target of $145,516.

Bearish Senario 🤔
Price action has broken out of the blue inverse cup and handle pattern to the downside.

The likely road ahead for price action is a successful retest of the red cup and handle. This pattern could push price action up to $145,516.

Depending on the date price action hits $145,516, it's possible this could be a cycle top!?

The end of the $BTC bullrun should come near the end of October or the beginning of November.

Then, a potential bearish move to the downside with a target of $78,989. Then, I would look to the $44K region for a near bottom of the next bear market.

NFA, DYOR ⚠️

#Crypto # Trading #BTC