Bitcoin: Cup and Handle Breakout Potential

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BTCUSD technical analysis update

BTC has formed a Cup-and-handle pattern on the weekly chart over the last 1,100 days and is currently trading at $67,000, approaching a key resistance level. A breakout above this resistance would signal a potential upward trend. Once the breakout occurs, we could see a strong bullish move, with the potential for a 100% to 200% increase.

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Hexa

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BTCUSDT price broke cup and handle pattern