Completion of This Chart Pattern Could Send BTC to $220K, Says Analyst

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Analyst Vivek Sen, followed by 270,000 people on X, claims Bitcoin has just completed a multi-year cup-and-handle pattern with a breakout and perfect retest. This structure, years in the making, would send BTC to a minimum target of $220,000. Historically, similar setups during the 2020-2021 cycle drove Bitcoin to a peak of $69,000. As of the article, BTC was fluctuating between $63,000 and $64,500 amid heightened volatility linked to US strikes on Iran and the VIX remaining in the fear zone.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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