Bitcoin’s big cup-and-handle pattern targets ‘minimum’ $220K BTC price
Hex37's read
- Bitcoin cup-and-handle pattern suggests potential for $220K price target.
- Key resistance at $74,000 must be maintained for the pattern to play out.
- This technical pattern indicates a significant bullish outlook for BTC.
What it means for traders
- Traders should monitor BTC price action around the $74,000 level for confirmation.
- A sustained break above $74,000 could trigger a strong upward move towards the $220K target.
Affected markets
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