Chart Idea - BTC Potential Bull Market Target

21. Okt.

I have rarely seen a cup and handle created on weekly this beautifully. Acc to this cup n handle pattern, the TP is coming around 290K. I personally will start booking profits once the monthly RSI hits around 90. Bearish divergence on weekly will give further confirmation to start selling in big chunks. It doesn't matter what the price would be and what the month in that cycle would be. IMO, it will be around 3rd or 4th quarter in 2025. Let's see

Not a financial advice!!

29. Okt.

Anmerkung

And we broke out perfectly from this cup n handle pattern. Just needs this weeks to close above 69K which seems a good possibility since we are touching ATH today. I say the banana zone starts this week until next 5 months. Let's see

As always, not a financial advice. Please DYOR!

9. Nov.

Trade ist aktiv

Amazingly broken the cup n handle and it is now on is course towards its potential TP.

22. Nov.

Trade geschlossen: Ziel wurde erreicht

What a beautifully working chart here. We probably hitting 100K tonight. I see 102K as magnet before retracement. Let's see.