Bitcoin Prints Cup and Handle Formation, Analysts Eye $123K Upside
Bitcoin has now become more than just a typical cryptocurrency. The asset is now slowly emerging as a key financial player in the market, capable of transforming economies if embedded with care and attention. The token has now started to chart its own pathways, eyeing new price milestones in the process. Bitcoin has recently been displaying new patterns on its chart, signaling that a new price surge is imminent for the token. Also Read: XRP Could Give Higher Returns Than Bitcoin By 2030 Bitcoin Eyeing New Price Targets Already? Source: Watcher Guru Bitcoin had recently claimed the coveted $120K price mark. This development had ushered in a positive price momentum in the market. However, mass liquidations led the token to stabilize around $114K at press time, per CMC data, which is good enough for the token to build new pathways on. According to Mr. Anderson, a notable cryptocurrency expert, BTC’s chart is now showing a major cup and handle formation, generally predicting a bullish...