Bitcoin just confirmed a macro Cup & Handle breakout with a strong push above the $112K neckline. The price is now consolidating above key moving averages – setting up for a potential explosive continuation. 🔥
🟢 Technical Highlights:
📈 Cup & Handle pattern – classic bullish continuation
💥 Breakout target: +32% move → $169,000
🟩 1D MA 50 / MA 200 acting as dynamic support
🔄 MACD bullish cross confirming momentum
🟦 Breakout above major resistance = new market structure zone
🧲 Psychological support near $99K and $112K
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🎯 Buy Signal Details:
Entry Zone (Pullback Valid): $112,000–$114,000
Take Profit: $169,000 🎯
Stop Loss: $99,000 🛡️
Buy Confidence: 95% ✅
📌 Not financial advice. This is pure chart-based technical analysis.
🟢 Technical Highlights:
📈 Cup & Handle pattern – classic bullish continuation
💥 Breakout target: +32% move → $169,000
🟩 1D MA 50 / MA 200 acting as dynamic support
🔄 MACD bullish cross confirming momentum
🟦 Breakout above major resistance = new market structure zone
🧲 Psychological support near $99K and $112K
***********************************
🎯 Buy Signal Details:
Entry Zone (Pullback Valid): $112,000–$114,000
Take Profit: $169,000 🎯
Stop Loss: $99,000 🛡️
Buy Confidence: 95% ✅
📌 Not financial advice. This is pure chart-based technical analysis.
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.
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.