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Bitcoin shows strong chart formation, Dan Tapiero notes

Bitcoin shows strong chart formation, Dan Tapiero notes
Bitcoin bullish pattern signals positive outlook

Dan Tapiero, founder & CEO at 10T Holdings, points out a bullish cup and handle chart pattern forming in Bitcoin.

He describes the cryptocurrency setup as a textbook example, suggesting an optimistic price move may be on the horizon.

Tapiero has previously discussed crypto price action, noting Zcash's 25x surge over the past year in recent commentary. He has also highlighted trends in both gold and Bitcoin as major currency pairs moved, commenting on USD/yen intervention and rising JGB yields in earlier analysis. His latest observations add to his regular focus on technical signals and market cycles.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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