🚀 Bitcoin's Cup-and-Handle: Ready for Liftoff? 🚀
- Bitcoin (BTC) is brewing a classic "cup and handle" pattern, hinting at a potential rocket ride to $100K-$150K by early 2025.
- The "cup" began forming post-2021 peak, with the "handle" now shaping up below the $65K-$69K resistance.
- Analyst Elja projects a target range of $110K-$130K if BTC breaks above the neckline.
- Pseudonymous analyst Nestay calls BTC a "ticking time bomb," citing low volatility and oversold conditions.
- Crypto Fear & Greed Index in "fear" territory—historically a precursor to explosive moves.
- Rising global liquidity could fuel BTC's next big breakout.
Hold onto your hats, folks! 🚀