Bitcoin to the moon or Earth$BTC You're describing a bullish outlook on Bitcoin based on the "Cup and Handle" pattern, which is generally seen as a sign of a potential upward breakout. Your target of $120K by Q2 2027 is quite ambitious, but not impossible given Bitcoin's historical volatility and long-term growth trends. However, as you mentioned, market predictions are always uncertain, and there's also a risk of a significant decline to $30K if the pattern doesn't hold.
It's crucial for investors to balance optimism with caution and to manage risk carefully. Building a position during consolidation phases can be wise, but only if done with a clear strategy and awareness of the potential downsides. Staying updated on technical and fundamental developments will be key to navigating Bitcoin's journey ahead.
