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3-Year Cup-And-Handle Pattern Promises To Send Bitcoin Above $100,000

NewsBTC LogoNewsBTC17h ago

3-Year Cup-And-Handle Pattern Promises To Send Bitcoin Above $100,000 - NewsBTC

Quick Summary:

The chart he shared showed that the flagship crypto could reach six figures if this rally were to occur.  Related Reading: Cardano Price Prediction: The Roadmap To New All-Time Highs Crypto analyst SalsaTekila has offered a more bullish prediction that Bitcoin could rise above $200,000 in this market cycle.

The analyst suggested that it could soon be time for the pattern to play out, with a price target of $100,000 and above in sight if it does.  3-Year Cup And Handle Pattern Could Soon Play Out For Bitcoin In an X (formerly Twitter) post, Jelle stated that it shouldn’t be long before the 3-year cup and handle pattern on Bitcoin’s chart starts playing out.

Crypto analyst Jelle has highlighted a bullish pattern that has been forming on the Bitcoin chart for the last three years.


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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-15 @ 02:30:36 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 471 words

Reading Time: 3 minutes read

Sentences: 70 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 22509206

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 5 posts per day

Year Established: 2013

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News Last Updated: 15 hours ago

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