My Perspective on Bitcoin’s Momentum and Market Dynamics

My approach to Bitcoin is purely strategic. It’s not about ideology or comparing it to gold in a philosophical sense (I never bought into the “store of value” narrative). This is a trade, plain and simple. When Bitcoin crossed $73,000, I increased my position by 33%. Why? The technical setup was too compelling to ignore. A classic “cup and handle” formation emerged—a pattern I respect for its clarity in defining risk and reward. I’m not a textbook technical analyst, but I’ve learned to trust patterns like these when they align with broader market trends. Not to mention that Trump’s electoral victory was always going to be the kicker to a bull run for a BTC that had been consolidating for months. Here’s the rest of my reasoning:

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