Is This the Path to 100K BTC?

2024年11月29日

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!

2024年11月29日

註釋

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

2024年11月29日

註釋

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

2024年11月29日

註釋

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

2024年11月29日

註釋

We are still tracking the progress of this setup.

2024年11月30日

註釋

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.

2024年11月30日

交易進行

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

2024年12月1日

註釋

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

2024年12月1日

註釋

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

2024年12月2日

註釋

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

2024年12月5日

交易結束：目標達成

Massive achievement.