Is This the Path to 100K BTC?

٢٩ نوفمبر ٢٠٢٤

BTC appears to be setting up for a potential Cup and Handle formation, a classic bullish pattern that could propel the price past the much-anticipated 100K mark.

The formation is incomplete but nearing a critical stage; a breakout above the handle’s neckline zone would confirm the pattern. Both short-term and ultimate targets are highlighted on the chart for guidance.

However, caution is advised as rising selling pressure could hinder this setup. Be prepared to manage risk effectively in case the pattern fails to materialize.

Share your thoughts on this structure, and let’s discuss its potential!

٢٩ نوفمبر ٢٠٢٤

ملاحظة

If bull manage to break the neckline we should expect a moving path like this.

٢٩ نوفمبر ٢٠٢٤

ملاحظة

Do you guys like the precision on this analysis, let me know how you feel.

٢٩ نوفمبر ٢٠٢٤

ملاحظة

We should move all stop loss above entry if you follow us with the new setup.

٢٩ نوفمبر ٢٠٢٤

ملاحظة

We are still tracking the progress of this setup.

٣٠ نوفمبر ٢٠٢٤

ملاحظة

Yesterday, the price successfully broke a critical resistance level, confirming the activation of a cup-and-handle pattern. Currently, we are observing a potential ABC corrective wave, which may precede the continuation of the bullish rally.

٣٠ نوفمبر ٢٠٢٤

تم فتح الصفقة

The setup still in progress. Keep dropping your comments let discuss together.

١ ديسمبر ٢٠٢٤

ملاحظة

No new update yet, we are still waiting for Bitcoin to make its's decision.

١ ديسمبر ٢٠٢٤

ملاحظة

Everything looking set for good move, let keep exercising patience to see how this develops.

٢ ديسمبر ٢٠٢٤

ملاحظة

Bitcoin is crawling and this will be slow and steady towards the target.

٥ ديسمبر ٢٠٢٤

أغلقت الصفقة: تم الوصول للهدف

Massive achievement.