Completion of This Chart Pattern Could Send BTC to $220K, Says Analyst
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Crypto commentator Sen told his 270,000 X followers that Bitcoin has completed a multi-year cup-and-handle pattern with a breakout and a perfect retest, marking a significant technical milestone. He said such cup-and-handle breakouts typically drive moves of hundreds of percent rather than ~20%, offering a bullish price prediction that could influence crypto market sentiment and trading activity.
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Sen told his 270,000 X followers on Thursday that Bitcoin has just completed a multi-year cup-and-handle pattern with a breakout and perfect retest. This structure, which took years to build, has now been confirmed, he added.
“Cup-and-handle breakouts don’t move 20%, the move hundreds of percent,” he said before making a bold price prediction.
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In This News
Coins
$ 64.52K
+0.02%$ 0.00178
Predictions Markets
See what traders are focused on
Share:
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