Is This the Path to 100K BTC?

Nov 29

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!

Nov 29

Note

If bull manage to break the neckline we should expect a moving path like this.

Nov 29

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Do you guys like the precision on this analysis, let me know how you feel.

Nov 29

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We should move all stop loss above entry if you follow us with the new setup.

Nov 29

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We are still tracking the progress of this setup.

Nov 30

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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.

Nov 30

Trade active

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

Dec 1

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No new update yet, we are still waiting for Bitcoin to make its's decision.

Dec 1

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Everything looking set for good move, let keep exercising patience to see how this develops.

Dec 2

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Bitcoin is crawling and this will be slow and steady towards the target.

7 days ago

Trade closed: target reached

Massive achievement.