Is This the Path to 100K BTC?

29 thg 11, 2024

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!

29 thg 11, 2024

Ghi chú

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

29 thg 11, 2024

Ghi chú

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

29 thg 11, 2024

Ghi chú

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

29 thg 11, 2024

Ghi chú

We are still tracking the progress of this setup.

30 thg 11, 2024

Ghi chú

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.

30 thg 11, 2024

Giao dịch đang hoạt động

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

1 thg 12, 2024

Ghi chú

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

1 thg 12, 2024

Ghi chú

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

2 thg 12, 2024

Ghi chú

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

5 thg 12, 2024

Đóng lệnh: đạt mục tiêu

Massive achievement.