{"id":237622,"date":"2025-05-25T01:30:00","date_gmt":"2025-05-25T08:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=237622"},"modified":"2025-05-24T03:03:03","modified_gmt":"2025-05-24T10:03:03","slug":"bitcoin-reverses-full-cup-without-handle-and-hits-110000","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/bitcoin-reverses-full-cup-without-handle-and-hits-110000\/","title":{"rendered":"Bitcoin&#8217;s Cup without Handle and hits $110,000"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: Bitcoin <\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/es.investing.com\/indices\/investing.com-btc-usd\" data-type=\"link\" data-id=\"https:\/\/es.investing.com\/indices\/investing.com-btc-usd\" rel=\"noopener\">Bitcoin <\/a><\/strong>reached a new all-time high<\/li>\n\n\n\n<li>Establishes a Cup Without Handle pattern on the Weekly<\/li>\n\n\n\n<li>Traders now wait for defined patterns before engaging<\/li>\n\n\n\n<li>Next week is the Monthly bar close, so far, 15% gain since April close<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Bitcoin <\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Weekly<\/em> chart of Bitcoin <\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250523-BITCOIN-REPORT.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1280\" height=\"720\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250523-BITCOIN-REPORT.png\" alt=\"weekly chart of bitcoin on may 23rd 2025\" class=\"wp-image-237659\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250523-BITCOIN-REPORT.png 1280w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250523-BITCOIN-REPORT-300x169.png 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250523-BITCOIN-REPORT-680x383.png 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250523-BITCOIN-REPORT-768x432.png 768w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Cup and Without Handle\n<ul class=\"wp-block-list\">\n<li>A large cup has formed on the weekly timeframe<\/li>\n\n\n\n<li>A handle did not develop <\/li>\n\n\n\n<li>Without a handle, setups offer poor risk-to-reward<\/li>\n\n\n\n<li>Risk is too far, down to the low of the Cup&#8217;s right side<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Why a Bull Flag is Essential\n<ul class=\"wp-block-list\">\n<li>Traders need structure to manage risk<\/li>\n\n\n\n<li>A bull flag may allow an entry with a lower risk<\/li>\n\n\n\n<li>Current distance to stop is +30% from current prices<\/li>\n\n\n\n<li>This makes it difficult to justify new long positions<\/li>\n\n\n\n<li>No structure = professionals do not engage<\/li>\n\n\n\n<li>Handle formation would enable 2:1 or 3:1 trades<\/li>\n\n\n\n<li>It improves trade planning and position sizing<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>What Happens Without a Handle\n<ul class=\"wp-block-list\">\n<li>If price breaks out cleanly, many traders will not enter<\/li>\n\n\n\n<li>Lack of pullback leaves no opportunity for good entries<\/li>\n\n\n\n<li>Breakouts without structure are often not followed<\/li>\n\n\n\n<li>Traders prefer to wait for a triangle or pullback to join<\/li>\n\n\n\n<li>Weak hands may chase and get trapped near the highs<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/bitcoin-2025-cup-and-handle-vs-2021-cup-and-handle\/\" data-type=\"link\" data-id=\"https:\/\/www.brookstradingcourse.com\/analysis\/bitcoin-2025-cup-and-handle-vs-2021-cup-and-handle\/\">2021 vs 2025 \u2013 Key Differences<\/a>\n<ul class=\"wp-block-list\">\n<li>Many beginners will compare this setup to the 2021 cup and handle<\/li>\n\n\n\n<li>That comparison overlooks major structural changes<\/li>\n\n\n\n<li>Pre-Cup Rally\n<ul class=\"wp-block-list\">\n<li>2021: Price surged 5x from Covid lows. Climatic<\/li>\n\n\n\n<li>2025: Price moved from $74,000 to $108,000. A modest climb<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Drawdown Depth\n<ul class=\"wp-block-list\">\n<li>2021: 50% drop after cup completion<\/li>\n\n\n\n<li>2025: Only 30% drop, quickly reversed by strong demand<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Bear Breakout Behavior\n<ul class=\"wp-block-list\">\n<li>2021: Aggressive selloff with weak bounce<\/li>\n\n\n\n<li>2025: Weak selling, immediate and powerful reversal<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Leg Structure\n<ul class=\"wp-block-list\">\n<li>2021: First leg was slow, second was vertical<\/li>\n\n\n\n<li>2025: First leg already recovered full drop with momentum<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Crowd Sentiment\n<ul class=\"wp-block-list\">\n<li>2021: Hype everywhere, retail flooded in, \u201cto the moon\u201d culture<\/li>\n\n\n\n<li>2025: Calm market, low retail engagement, focused trading crowd<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Why the 2021 Comparison is Misleading\n<ul class=\"wp-block-list\">\n<li>Surface similarities hide structural and psychological differences<\/li>\n\n\n\n<li>You must ask: are conditions in 2025 really setting up for a crash?<\/li>\n\n\n\n<li>Or are traders reacting based on memory, not structure?<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Probable Scenarios Going Forward\n<ul class=\"wp-block-list\">\n<li>Two main upside targets exist and are measured move based<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Target 1: $120,000\n<ul class=\"wp-block-list\">\n<li>Based on measured move from 2021 to 2022 bear market<\/li>\n\n\n\n<li>Higher probability of being reached this year<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Target 2: $140,000+\n<ul class=\"wp-block-list\">\n<li>Based on cup without handle measured move<\/li>\n\n\n\n<li>Probability of reaching this in 2025: 30\u201340%<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>What Traders Need to Engage\n<ul class=\"wp-block-list\">\n<li>A pullback, BOM (breakout mode pattern) that defines risk<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Bearish Outlook\n<ul class=\"wp-block-list\">\n<li>There are not many bears on this timeframe, they are long-term buyers that might sell. Either to secure profits, or hedge. <\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Where Bears Might Aim\n<ul class=\"wp-block-list\">\n<li>Downside targets between $65,000 and $75,000<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Why Bears Likely Won\u2019t Engage<\/li>\n\n\n\n<li>Realistic Scenario\n<ul class=\"wp-block-list\">\n<li>Sideways trading range instead of a crash<\/li>\n\n\n\n<li>That is how most bull cycles end \u2014 not with a bang, but a range<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Daily<\/em> chart of Bitcoin <\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250523-BITCOIN-REPORT-1.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1280\" height=\"720\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250523-BITCOIN-REPORT-1.png\" alt=\"daily chart of bitcoin on may 23rd 2025\" class=\"wp-image-237656\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250523-BITCOIN-REPORT-1.png 1280w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250523-BITCOIN-REPORT-1-300x169.png 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250523-BITCOIN-REPORT-1-680x383.png 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250523-BITCOIN-REPORT-1-768x432.png 768w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The reversal\n<ul class=\"wp-block-list\">\n<li>$75,000: Retest of 2024\u2019s breakout zone<\/li>\n\n\n\n<li>IBIT gap filled<\/li>\n\n\n\n<li>365-day EMA touched<\/li>\n\n\n\n<li>Breakout above 30-day EMA<\/li>\n\n\n\n<li>Breakout above $90,000 double bottom neckline<\/li>\n\n\n\n<li>$100,000 broken \u2014 tested multiple times<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>What Happened After\n<ul class=\"wp-block-list\">\n<li>Instead of a second leg up, price formed a tight bull channel<\/li>\n\n\n\n<li>This indicates a potential exhaustion of buyers<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Current Buying Activity\n<ul class=\"wp-block-list\">\n<li>Likely retail-driven<\/li>\n\n\n\n<li>Breakout chasers entering late<\/li>\n\n\n\n<li>These traders typically lack conviction and their stops are normally triggered<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Professional Behavior\n<ul class=\"wp-block-list\">\n<li>Not chasing<\/li>\n\n\n\n<li>Waiting for consolidation or defined pullback <\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Market Structure Right Now\n<ul class=\"wp-block-list\">\n<li>No pullback to EMA<\/li>\n\n\n\n<li>Price went directly to previous all-time high<\/li>\n\n\n\n<li>No clean structure for new entries<\/li>\n\n\n\n<li>This makes it unattractive for large-size positions<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Expectations for the Week Ahead\n<ul class=\"wp-block-list\">\n<li>Price likely to oscillate between $94,000 and $114,000<\/li>\n\n\n\n<li>Similar volatility to the previous week is expected<\/li>\n\n\n\n<li>Traders watching how price reacts near recent highs<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Key Scenarios\n<ul class=\"wp-block-list\">\n<li>30-day EMA and\/or major higher low test: \n<ul class=\"wp-block-list\">\n<li>Either by going sideways in a consolidation<\/li>\n\n\n\n<li>Or a quick move down, stopping out weak bulls<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Trading Plan and Strategy\n<ul class=\"wp-block-list\">\n<li>Do not buy without a prior consolidation<\/li>\n\n\n\n<li>Do not short without a prior consolidation<\/li>\n\n\n\n<li>Focus on trader behavior, not price predictions<\/li>\n\n\n\n<li>Overall, it is time to be patient <\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\" \/>\n\n\n\n<h3 class=\"wp-block-heading\">Market analysis reports archive<\/h3>\n\n\n\n<p>You can access all the weekend reports on the <a class=\"rank-math-link\" href=\"https:\/\/www.brookstradingcourse.com\/blog\/analysis\/\" target=\"_blank\" rel=\"noreferrer noopener\">Market Analysis<\/a> page.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Market Overview: Bitcoin Bitcoin The Weekly chart of Bitcoin The Daily chart of Bitcoin Market analysis reports archive You can access all the weekend reports on the Market Analysis page.<\/p>\n","protected":false},"author":7271,"featured_media":237659,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"shadow","_genesis_layout":"","footnotes":""},"categories":[1904,136],"tags":[223,324],"class_list":{"0":"post-237622","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"category-analysis","9":"tag-bitcoin","10":"tag-cryptocurrency","11":"entry","12":"override","13":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/05\/20250523-BITCOIN-REPORT.png","author_info":{"display_name":"Josep","author_link":"https:\/\/www.brookstradingcourse.com\/pt-br\/author\/cnjoseluis10gmail-com\/"},"_links":{"self":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/237622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/users\/7271"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/comments?post=237622"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/237622\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/237659"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=237622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=237622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=237622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}