Tag Archives: Cup and Handle Pattern

Bitcoin Following ABCD Pattern? Analyst Sees Path To $137,000

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Brewing tensions between Israel and Iran have triggered global de-risking across risk-on assets, including Bitcoin (BTC). The top cryptocurrency by market cap is down 1.7% over the past 24 hours. That said, technical indicators still point toward a potential new all-time high (ATH) for BTC in the coming months. Bitcoin Tracing The ABCD Pattern According… Continue reading Bitcoin Following ABCD Pattern? Analyst Sees Path To $137,000→

Bitcoin Price Set For Reversal To $130,000 After Forming Major Cup And Handle Support

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Bitcoin’s price action has been trapped in a tight range between $84,000 and $82,000 in recent days, with bulls struggling to push upwards. The general market sentiment is one of a cautious nature, and hopes of a quick return above $90,000 are starting to fade. However, a new technical analysis suggests that Bitcoin could be… Continue reading Bitcoin Price Set For Reversal To $130,000 After Forming Major Cup And Handle Support→

Bitcoin Price Enters Ascending Phase After Cup And Handle Formation At $105,000, Here’s The Next Target

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Crypto analyst CobraVanguard has revealed that the Bitcoin price has entered an ascending phase after a cup and handle formation at the $105,000 level. Based on this bullish pattern, the analyst highlighted the price target that BTC could reach as it enters this ascending phase.  Bitcoin Price Could Rally To $123,000 As It Enters Ascending… Continue reading Bitcoin Price Enters Ascending Phase After Cup And Handle Formation At $105,000, Here’s The Next Target→