Bitcoin’s big cup-and-handle pattern targets ‘minimum’ $220K BTC price
Bitcoin cup-and-handle chart breakout targets $220,000, but BTC price must first hold the $74,000 support area.
Bitcoin (BTC) is up roughly 30% from its Feb. 6 low below $60,000 as a multi-year bullish chart pattern suggests BTC price could rise to as high as $220,000 in the coming months.
Key takeaways:
Bitcoin price has formed a cup-and-handle (C&H) pattern on the weekly chart, suggesting that a massive upward move is still in the cards for BTC.