Cup and Handle price target $120k, at least

in #bitcoin9 days ago

The price target is more than double the current price

If this cup and handle pattern plays out, the price will more than double from here.

image.png

(Source: https://x.com/rovercrc/status/1832832270295507306/photo/1)

The measured move for these cup and handle chart patterns takes the depth of the cup and adds it to the break of the neckline.

That points to something in the $120k-$135k range depending on what numbers you use.