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Bitcoin Price Enters Ascending Phase After Cup And Handle Formation At $105,000, Here’s The Next Target Newsbtc 2 дні тому

Bitcoin Price Enters Ascending Phase After Cup And Handle Formation At $105,000, Here’s The Next Target 📈

Bitcoin

Crypto analyst CobraVanguard reveals that Bitcoin has entered an ascending phase following a cup and handle formation at the $105,000 mark. He predicts that Bitcoin could rally to $123,000 as it progresses within this pattern.

Another analyst, Tony Severino, sets even higher targets, mentioning potential price levels of up to $321,000, based on a head and shoulder pattern, and even $345,000 if Bitcoin follows the primary uptrend channel.

Ali Martinez highlights technical factors indicating room for growth, including Bitcoin's 200-day SMA and the Mayer Multiple, suggesting a possible market top around $184,600 to $182,000.

The article provides diverse predictions amounting from $123,000 to $345,000 as potential Bitcoin targets in the current market cycle, emphasizing ongoing bullish momentum.

Джерело: www.newsbtc.com ↗

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