Logo Blockchair

Bitcoin Cup And Handle Cascade: Analyst Says BTC Price Could Reach $230,000 If It Follows This Structural Path Newsbtc 22 Okt 2024

Bitcoin Cup And Handle Cascade: Analyst Says BTC Price Could Reach $230,000 If It Follows This Structural Path 📈

A crypto analyst has projected a significant upside for Bitcoin, comparing it to previous successful breakouts in traditional assets like Gold and the S&P500. The technical analysis suggests that Bitcoin is forming a cup and handle pattern, potentially leading to a rally towards $230,000.

The cup and handle formation indicates a period of consolidation followed by an upwards breakout, as seen in Gold and the S&P500. If Bitcoin's pattern fully materializes, it could surge to new heights, much like these assets.

Technical analyst Gert van Lagen notes that Bitcoin's current pattern mirrors those of Gold and the SP500, which resulted in historical bull rallies. Gold's breakout in 2023 led to new price peaks, and SP500 witnessed a similar rise.

Bitcoin, having completed the cup portion with its all-time high in March, is now forming the handle. A breakout could result in a strong rally akin to Gold and the S&P500.

Van Lagen predicts a price target of $230,000 for Bitcoin, suggesting it's poised to follow the structural path of SP500 and Gold. This target implies a 197% increase from the current trading price. Recent price increases have fostered bullish sentiment and increased accumulation by long-term holders.

Sumber: www.newsbtc.com ↗

Artikel Serupa (75)

 Bitcoin price target is $120K, says analyst as key metric flips bullish Cointelegraph 05 Nov 2024
Bitcoin price target is $120K, says analyst as key metric flips bullish
 Bitcoin analyst: $100K BTC price by February 'completely within reason' Cointelegraph 25 Okt 2024
Bitcoin analyst: $100K BTC price by February 'completely within reason'
 Current Bitcoin price ceiling projected at $135K — Ki Young Ju Cointelegraph 17 Nov 2024
Current Bitcoin price ceiling projected at $135K — Ki Young Ju
 Bitcoin price rally to $110K ‘incoming’ after positive Coinbase premium, Trump victory — Analyst Cointelegraph 06 Nov 2024
Bitcoin price rally to $110K ‘incoming’ after positive Coinbase premium, Trump victory — Analyst
 Bitcoin rally to continue until end of 2025 — Analyst Cointelegraph 07 Des 2024
Bitcoin rally to continue until end of 2025 — Analyst
Too Soon? Bitcoin Price Spike to $200K Is 'Achievable' in 2025, Says Analyst Decrypt 06 Des 2024
Too Soon? Bitcoin Price Spike to $200K Is 'Achievable' in 2025, Says Analyst
 Bitcoin aims for $100K as analyst sees record BTC price daily close Cointelegraph 06 Des 2024
Bitcoin aims for $100K as analyst sees record BTC price daily close
 $100K Bitcoin? 9 analysts share their end-of-year BTC price predictions Cointelegraph 13 Nov 2024
$100K Bitcoin? 9 analysts share their end-of-year BTC price predictions
 Bitcoin analysts brace for 6 figures as BTC price seals $93.5K record Cointelegraph 14 Nov 2024
Bitcoin analysts brace for 6 figures as BTC price seals $93.5K record
Can Bitcoin’s Parabolic Rise Hit Six Figures? Analyst Says “Yes” – Here’s How Cryptonews 08 Nov 2024
Can Bitcoin’s Parabolic Rise Hit Six Figures? Analyst Says “Yes” – Here’s How
Analyst Reveals Bitcoin Fibonacci Channel Resistance Levels and BTC Price Target Over $100k Cryptonews 29 Nov 2024
Analyst Reveals Bitcoin Fibonacci Channel Resistance Levels and BTC Price Target Over $100k
Analysts Outline A $2 Million Bitcoin ATH by 2027 – Here’s How Cryptonews 22 Nov 2024
Analysts Outline A $2 Million Bitcoin ATH by 2027 – Here’s How
Bitcoin Still Aiming For $100k This Year, Analyst Predicts $740,000 By 2028 Cryptonews 28 Nov 2024
Bitcoin Still Aiming For $100k This Year, Analyst Predicts $740,000 By 2028
Bitcoin Enters Euphoria Phase: Analyst Predicts Rally Could Extend Through 2025 99Bitcoins 08 Des 2024
Bitcoin Enters Euphoria Phase: Analyst Predicts Rally Could Extend Through 2025
Bitcoin enters ‘Euphoria Zone’ and could soar to $125,000 by year-end, analysts say DLNews 12 Nov 2024
Bitcoin enters ‘Euphoria Zone’ and could soar to $125,000 by year-end, analysts say
Bitcoin Rally Gains Traction as Analysts Predict Path to $120,000 Coinpaper 06 Nov 2024
Bitcoin Rally Gains Traction as Analysts Predict Path to $120,000
Traders Anticipate Bitcoin’s Surge to $150,000 Cointurk 11 Des 2024
Traders Anticipate Bitcoin’s Surge to $150,000
Bitcoin Price Gets $88,000 Prediction From Analyst, Here’s When Cryptonomist 12 Nov 2024
Bitcoin Price Gets $88,000 Prediction From Analyst, Here’s When
Is A $400,000 Target For Bitcoin Realistic? Expert Lays Out Bullish Case Bitcoinist 07 Nov 2024
Is A $400,000 Target For Bitcoin Realistic? Expert Lays Out Bullish Case
‘Don’t Sell Your Bitcoin Yet’: Analyst Says BTC Price Will Hit $117,000 Once This Level Is Beat Bitcoinist 04 Des 2024
‘Don’t Sell Your Bitcoin Yet’: Analyst Says BTC Price Will Hit $117,000 Once This Level Is Beat
Calling The Bitcoin Top: Analyst Reveals What Could Stop The BTC Rally In Its Tracks Bitcoinist 28 Nov 2024
Calling The Bitcoin Top: Analyst Reveals What Could Stop The BTC Rally In Its Tracks
Bitcoin Forms Bullish Pennant That Shows Surge To $113,000 Is Coming, Here’s How Newsbtc 18 Nov 2024
Bitcoin Forms Bullish Pennant That Shows Surge To $113,000 Is Coming, Here’s How
Bitcoin Price To See 70%+ Powerful Bull Wave To Push It Over $100,000, How High Can It Go? Newsbtc 26 Okt 2024
Bitcoin Price To See 70%+ Powerful Bull Wave To Push It Over $100,000, How High Can It Go?
Analyst Says Bitcoin Price Could Move Easily To $72,000 If This Happens, Sets New Altcoin King On Path To $5 From $0.03846 Crypto Daily 03 Nov 2024
Analyst Says Bitcoin Price Could Move Easily To $72,000 If This Happens, Sets New Altcoin King On Path To $5 From $0.03846
Crypto Analyst Says Bitcoin Price Is Approaching Strongest Part Of The Bull Run, Here’s The Target Newsbtc 30 Okt 2024
Crypto Analyst Says Bitcoin Price Is Approaching Strongest Part Of The Bull Run, Here’s The Target
Bitcoin Price Forecast: Analyst Says Expect 98% Crash After Blow Off To $250,000, Here’s Why Newsbtc 31 Okt 2024
Bitcoin Price Forecast: Analyst Says Expect 98% Crash After Blow Off To $250,000, Here’s Why
Bitcoin Price Forms Bullish Symmetrical Triangle, Crypto Analyst Says Next Stop Is $100,000 Newsbtc 20 Nov 2024
Bitcoin Price Forms Bullish Symmetrical Triangle, Crypto Analyst Says Next Stop Is $100,000
Analyst Reveals What The Gold Chart Says About The Possibility Of Bitcoin Price Reaching $100,000 Newsbtc 05 Nov 2024
Analyst Reveals What The Gold Chart Says About The Possibility Of Bitcoin Price Reaching $100,000
Here’s Why The Bitcoin Price Could Surge To $138,000 Before Recording A 30% Crash Newsbtc 20 Nov 2024
Here’s Why The Bitcoin Price Could Surge To $138,000 Before Recording A 30% Crash
This Crypto Analyst Correctly Predicted The Bitcoin Price Rise To $75,000, Here’s The Full Prediction Newsbtc 07 Nov 2024
This Crypto Analyst Correctly Predicted The Bitcoin Price Rise To $75,000, Here’s The Full Prediction
Analyst Predicts ‘The Final Ascent’ For Bitcoin Price, Why A Rise To $300,000 Is Possible From Here Newsbtc 07 Nov 2024
Analyst Predicts ‘The Final Ascent’ For Bitcoin Price, Why A Rise To $300,000 Is Possible From Here
Analyst Predicts $200k Bitcoin On Incoming ‘Massive Supply Shock’ Newsbtc 20 Nov 2024
Analyst Predicts $200k Bitcoin On Incoming ‘Massive Supply Shock’
Analyst Puts Bitcoin Price Ceiling At $137,000, But Is This The Highest BTC Can Go? Newsbtc 08 Nov 2024
Analyst Puts Bitcoin Price Ceiling At $137,000, But Is This The Highest BTC Can Go?
Bitcoin Path To $85K: Analysts Say It’s Behaving ‘As Predicted’ Newsbtc 08 Nov 2024
Bitcoin Path To $85K: Analysts Say It’s Behaving ‘As Predicted’
Bitcoin Price Enters Parabolic Phase Of Cycle After Surge To $98,000 – Analyst Newsbtc 01 Des 2024
Bitcoin Price Enters Parabolic Phase Of Cycle After Surge To $98,000 – Analyst
Analyst Says Bitcoin Has Entered The ‘Thrill’ Phase, Here’s What To Expect Next Newsbtc 16 Nov 2024
Analyst Says Bitcoin Has Entered The ‘Thrill’ Phase, Here’s What To Expect Next
This Analyst Correctly Predicted The Bitcoin Price Jump To $99,000, But His Prediction Is Not Done Newsbtc 23 Nov 2024
This Analyst Correctly Predicted The Bitcoin Price Jump To $99,000, But His Prediction Is Not Done
Bitcoin Golden Multiplier Ratio: Analyst Says The Party Is Just Getting Started Newsbtc 17 Nov 2024
Bitcoin Golden Multiplier Ratio: Analyst Says The Party Is Just Getting Started
Analyst Sounds Bearish Alarm For Bitcoin As $100,000 Presents Psychological Resistance Newsbtc 24 Nov 2024
Analyst Sounds Bearish Alarm For Bitcoin As $100,000 Presents Psychological Resistance
Analyst Says Bitcoin Price At $100,000 Is A ‘Dangerous Zone’, Predicts Massive Crash Newsbtc 06 Des 2024
Analyst Says Bitcoin Price At $100,000 Is A ‘Dangerous Zone’, Predicts Massive Crash
Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact Bitcoin.com 19 Nov 2024
Analysts’ Bitcoin $200K Target Fuels Bullish Fire, Bears Brace for Impact
Analysis Company Says “A Short-Term Correction May Come in Bitcoin, But the Bull Is Not Over”, Announces Its Prediction for the Real Peak! Bitcoinsistemi 18 Nov 2024
Analysis Company Says “A Short-Term Correction May Come in Bitcoin, But the Bull Is Not Over”, Announces Its Prediction for the Real Peak!
Bitcoin Targets $100K by Year-End, Analyst Links Surge to Trump’s Crypto Push Coin Edition 18 Nov 2024
Bitcoin Targets $100K by Year-End, Analyst Links Surge to Trump’s Crypto Push
CryptoQuant Analyst Reveals Signal That Will Bring $120K in Bitcoin! Bitcoinsistemi 05 Nov 2024
CryptoQuant Analyst Reveals Signal That Will Bring $120K in Bitcoin!
Bitcoin May Soon Reach Record Prices Bitcoinhaber 04 Nov 2024
Bitcoin May Soon Reach Record Prices
Analysts Predict Major Gains for Bitcoin and Emerging Coins Coingape 28 Okt 2024
Analysts Predict Major Gains for Bitcoin and Emerging Coins
Bitcoin’s Santa Pump: Wall Street Whales Eye $125K Price Target Coin Edition 27 Nov 2024
Bitcoin’s Santa Pump: Wall Street Whales Eye $125K Price Target
Analytics Company Announces Critical Level Required for Bitcoin Price to “Jump to $142,000 or $233,000” Bitcoinsistemi 16 Nov 2024
Analytics Company Announces Critical Level Required for Bitcoin Price to “Jump to $142,000 or $233,000”
Analyst Forecasts Bitcoin Reaching $75,000 in 2026, Sets AVAX Target at $1,500, and Predicts Cybro Reaching $20 From Under $0.035 Today Bitcoinsistemi 02 Nov 2024
Analyst Forecasts Bitcoin Reaching $75,000 in 2026, Sets AVAX Target at $1,500, and Predicts Cybro Reaching $20 From Under $0.035 Today
Bitfinex Analysts Explained: "Bitcoin Exceeding $100,000 Depends on This!" Bitcoinsistemi 03 Des 2024
Bitfinex Analysts Explained: "Bitcoin Exceeding $100,000 Depends on This!"
Wall Street to Surpass Satoshi as Top Bitcoin Holder This Year — Analysts Expect $200K BTC Soon Bitcoin.com 25 Okt 2024
Wall Street to Surpass Satoshi as Top Bitcoin Holder This Year — Analysts Expect $200K BTC Soon
Analysis Firm Announces December Expectations for Bitcoin (BTC) and Altcoins! Bitcoinsistemi 03 Des 2024
Analysis Firm Announces December Expectations for Bitcoin (BTC) and Altcoins!
Top Analysts Said "$100,000 in Bitcoin is Coming" and Explained Their Reasons! Bitcoinsistemi 07 Nov 2024
Top Analysts Said "$100,000 in Bitcoin is Coming" and Explained Their Reasons!
Will Bitcoin Rally Continue or Will $100,000 Be the Peak? Two Top Analysts Reveal Their Expectations! Bitcoinsistemi 05 Des 2024
Will Bitcoin Rally Continue or Will $100,000 Be the Peak? Two Top Analysts Reveal Their Expectations!
Analysts Answered the Question "Bitcoin or Gold" and Gave a Date for $125,000! Bitcoinsistemi 22 Nov 2024
Analysts Answered the Question "Bitcoin or Gold" and Gave a Date for $125,000!
Crypto Bull Market Arrives: Analysts Say ‘Buy Everything You Can’ Bitcoin.com 13 Nov 2024
Crypto Bull Market Arrives: Analysts Say ‘Buy Everything You Can’
When Will the Historic Moment Come in Bitcoin? When Will the BTC Price Reach $100,000? Top Analysts Explained! Bitcoinsistemi 14 Nov 2024
When Will the Historic Moment Come in Bitcoin? When Will the BTC Price Reach $100,000? Top Analysts Explained!
Crypto Analyst: Bitcoin to Hit $74,000 Before Correction Phase Blockonomi 04 Nov 2024
Crypto Analyst: Bitcoin to Hit $74,000 Before Correction Phase

                        VanEck Analyst Predicts Bitcoin Price of $180,000 by 2025
                    Ultramining 15 Nov 2024
VanEck Analyst Predicts Bitcoin Price of $180,000 by 2025
Bitcoin May Reach $110,000 if It Breaks Key $98,000 Resistance, Analysts Suggest Coinotag 03 Des 2024
Bitcoin May Reach $110,000 if It Breaks Key $98,000 Resistance, Analysts Suggest
Bitcoin Price Could Enter Parabolic Phase As It Approaches $100,000, Analyst Predicts Coinotag 21 Nov 2024
Bitcoin Price Could Enter Parabolic Phase As It Approaches $100,000, Analyst Predicts
Bitcoin Analysis: Predictions Suggest Potential for $150,000 to $250,000 Following Recent Surge Coinotag 05 Des 2024
Bitcoin Analysis: Predictions Suggest Potential for $150,000 to $250,000 Following Recent Surge
Bitcoin Price Predictions: Analysts Suggest Potential Cycle Top Above $132,000 Amidst Expanding Global Money Supply Coinotag 29 Nov 2024
Bitcoin Price Predictions: Analysts Suggest Potential Cycle Top Above $132,000 Amidst Expanding Global Money Supply
Bitcoin Price Anticipation: Analysts Forecast Six-Figure BTC Values Amid Sustained Market Momentum Coinotag 14 Nov 2024
Bitcoin Price Anticipation: Analysts Forecast Six-Figure BTC Values Amid Sustained Market Momentum
Bitcoin Analysts Suggest Possible Surge to $135,000 Amid Renewed Bullish Momentum Coinotag 22 Nov 2024
Bitcoin Analysts Suggest Possible Surge to $135,000 Amid Renewed Bullish Momentum
Bitcoin Energy Value Approaches $100,000 as Analyst Predicts Potential Milestone Coinotag 28 Okt 2024
Bitcoin Energy Value Approaches $100,000 as Analyst Predicts Potential Milestone
Bitcoin Bull Market Resilience: Analysts Predict Potential Target of $146,000 Amid Shifting Investor Dynamics Coinotag 28 Nov 2024
Bitcoin Bull Market Resilience: Analysts Predict Potential Target of $146,000 Amid Shifting Investor Dynamics
Bitcoin’s Path to $100,000: Analyst Highlights Potential for Continued Growth Amid Market Factors Coinotag 26 Nov 2024
Bitcoin’s Path to $100,000: Analyst Highlights Potential for Continued Growth Amid Market Factors
Bitcoin Price Predictions: Analysts Suggest a Range Between $112,000 and $500,000 Amid Market Volatility Coinotag 17 Nov 2024
Bitcoin Price Predictions: Analysts Suggest a Range Between $112,000 and $500,000 Amid Market Volatility
Analysts Suggest Bitcoin Could Potentially Reach $200,000 by 2025 Amid Growing Institutional Adoption Coinotag 23 Okt 2024
Analysts Suggest Bitcoin Could Potentially Reach $200,000 by 2025 Amid Growing Institutional Adoption
BCA Research Suggests Bitcoin Price Could Exceed $200,000 Amidst Bull Market Signals Coinotag 18 Nov 2024
BCA Research Suggests Bitcoin Price Could Exceed $200,000 Amidst Bull Market Signals
Analysts Suggest Bitcoin Could Rebound and Reach $100,000 Despite Recent Correction Coinotag 26 Nov 2024
Analysts Suggest Bitcoin Could Rebound and Reach $100,000 Despite Recent Correction
Bitcoin’s Bull Run Enters “Seventh Inning” with Potential Price Growth to $125,000, Says Ari Paul Coinotag 09 Nov 2024
Bitcoin’s Bull Run Enters “Seventh Inning” with Potential Price Growth to $125,000, Says Ari Paul
Bitcoin’s Euphoria Zone: Analysts Suggest Potential Move Toward $100,000 Amid Market Rally Coinotag 12 Nov 2024
Bitcoin’s Euphoria Zone: Analysts Suggest Potential Move Toward $100,000 Amid Market Rally
Analysts Suggest Bitcoin Could Approach $100,000 Amid Institutional Demand and Economic Shifts Coinotag 25 Okt 2024
Analysts Suggest Bitcoin Could Approach $100,000 Amid Institutional Demand and Economic Shifts