BTC Breaks Out of Weekly Cup & Handle Pattern –Hints at $100K 🚨🚨🚨
Bitcoin’s got everyone’s attention again! 🚀🚀On the weekly chart, BTC just confirmed a classic “cup and handle” pattern. In simple terms, this pattern is like a big green flag for bulls, suggesting the potential for a big rally ahead.
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💥A cup and handle pattern is kinda like a double signal. The “cup” shows a steady recovery from a dip, while the “handle” shows a little consolidation or a pause before the next move up. And when this pattern appears on the weekly chart? That’s a pretty strong indicator that BTC might have more room to run.
👍Right now, BTC just crossed an important resistance level. Some analysts think this breakout could be the start of a journey to $100K. It’s not just a big number – $100,000 would be a historic milestone and could attract even more interest from investors and institutions.
In short, BTC’s weekly chart is flashing green, but stay sharp! This could be an exciting time, especially if BTC really does push towards that $100K target.
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$BTC #CPIUpdateOctober #MidNovemberMarket #btcbullrun #HighAlert #pumpiscoming
