$BTC 🚀 Bitcoin’s Cup and Handle Formation: Path to $120,000?

Bitcoin (BTC/USDT) has showcased a textbook Cup and Handle pattern on the weekly chart, signaling a bullish breakout that could lead to unprecedented heights. With BTC already at $98,000, is $120,000 the next stop?

Why This Matters:

This isn’t just another pattern; it’s a testament to Bitcoin’s resilience. From the depths of market uncertainty in 2022 to this monumental breakout in 2024, BTC has proven time and time again why it remains the king of crypto.

Key Highlights:

🔥 The Cup: A perfect rounded bottom formed over two years, reflecting accumulation by smart money.

🔥 The Handle: A brief consolidation followed by a breakout – the ultimate confirmation of bullish momentum.

🔥 The Target: Based on the pattern’s measured move, $120,000 is well within reach, potentially marking a historic milestone.

What Sets This Rally Apart?

This isn’t just about technicals; it’s about belief. Bitcoin is more than a chart; it’s a revolution. The Cup and Handle isn’t just a pattern – it’s a story of persistence, conviction, and boundless potential.

💬 What’s your take? Will BTC rewrite history and hit $120,000? Let us know your thoughts below!