$BTC Price Quickly Puming and Profit Target 3 Done. See on Chart
BTCUSDT Price Quickly Puming and Profit Target 3 Done. See on Chart ...This pattern resembles a "cup" followed by a downward trend, or "handle," which typically signals a buying opportunity. According to Martinez, this suggests a potential upside target of $276,400 for Bitcoin-more than doubling its record high of $108,000 reached at the end of last year.
• Bitcoin price still on track for 180K in 2025:
Bitcoin BTCUSD hitting $130,000 would be a "great result" for the current bull market, longtime trader and analyst Filbfilb says.
In his latest interview with Cointelegraph, the co-founder of trading suite DecenTrader gives his predictions on where BTC price action may be headed this cycle.
• Trump, trade wars and record Bitcoin dominance
Bitcoin is bouncing back after a trip to two-month lows and is holding well above $100,000 as of Jan. 17, per data from Cointelegraph Markets Pro and TradingView.
For Filbfilb, good things lie in wait - especially with the incoming US government administration under President-elect Donald Trump.
Pro-Bitcoin and pro-crypto policies could well offer a short-term market impulse, but it may not all be plain sailing anv talk of trade wars.
• Bitcoin Breaks Out Of Cup-And-Handle Pattern, Eyes $276,000 Target
The market's leading cryptocurrency, Bitcoin (BTC), has rejoined the crypto rally, gaining momentum on Friday amid reports that President-elect Donald Trump may issue an executive order prioritizing cryptocurrencies as soon as he takes office.
As of the latest data from CoinGecko, Bitcoin surged nearly 5% in the 24-hour time frame, reaching $104,000. The broader cryptocurrency market, represented by the CoinDesk 20 index, also saw an uptick, rising 1% following a 4% increase on Thursday.
This newfound interest in Bitcoin has positively impacted exchange operators, with shares of platforms like Coinbase and Robinhood climbing approximately 5% and 3%, respectively.
#BinanceAlphaAlert #BTC☀ #CPIPlunge2025 #BinanceSquareFamily #SUBROOFFICIAL
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.