Bitcoin / TetherUSAtualizado

Is This the Path to 100K BTC?

BTC appears to be setting up for a potential Cup and Handle formation, a classic bullish pattern that could propel the price past the much-anticipated 100K mark.

The formation is incomplete but nearing a critical stage; a breakout above the handle’s neckline zone would confirm the pattern. Both short-term and ultimate targets are highlighted on the chart for guidance.

However, caution is advised as rising selling pressure could hinder this setup. Be prepared to manage risk effectively in case the pattern fails to materialize.

Share your thoughts on this structure, and let’s discuss its potential!
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If bull manage to break the neckline we should expect a moving path like this.
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Do you guys like the precision on this analysis, let me know how you feel.
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We should move all stop loss above entry if you follow us with the new setup.
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We are still tracking the progress of this setup.

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Yesterday, the price successfully broke a critical resistance level, confirming the activation of a cup-and-handle pattern. Currently, we are observing a potential ABC corrective wave, which may precede the continuation of the bullish rally.


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Trade ativo
The setup still in progress. Keep dropping your comments let discuss together.

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No new update yet, we are still waiting for Bitcoin to make its's decision.
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Everything looking set for good move, let keep exercising patience to see how this develops.

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Bitcoin is crawling and this will be slow and steady towards the target.
Trade fechado: objetivo atingido
Massive achievement.

Aviso legal