Good morning, everyone! I noticed that Bitcoin (BTC) is forming a cup and handle pattern on the weekly chart. This pattern usually signals a possible continuation of the upward trend. We can trade in favor of this movement as soon as there is confirmation of resistance in the region of 109,500 dollars, which may soon become solid support. This price level will be a crucial point to monitor, as it may indicate a new phase of appreciation for the asset.

first image of the btc chart on a weekly chart.

the other illustrative images.